At present, the silicone market is in the stage of maintaining stability, and the market of raw metal silicon is running smoothly. The offer of DMC market is stable at 23500-24000 yuan / ton. However, behind the stability, the upstream and downstream are competing with each other. The downstream is waiting for another wave of decline, waiting for the opportunity to enter and copy the bottom, and the upstream is waiting for the start of goods preparation before the festival to achieve price support. Therefore, the silicone market is slightly deadlocked this week.


Silicone oil and 107 glue: the overall negotiation atmosphere of silicone market this week was poor, the superimposed epidemic situation rebounded, and the middle and downstream manufacturers hesitated to make up their positions. Yesterday, when the cost level remained unchanged, the domestic silicone oil and 107 rubber market quotation was stable and fell. At present, the mainstream quotation in the domestic silicone oil market is 31000-32000 yuan / ton, and the mainstream quotation in 107 rubber market is 24000-25000 yuan / ton. There is room for negotiation in the actual transaction.






From the supply side, the recent 107 glue quotation is high, but the actual transaction is upside down with DMC. With the continuous profit stimulation of various manufacturers, the price has also reached a relatively low point. Some silicone glue factories have an appropriate amount of goods, and the 107 glue inventory has eased. At present, the transaction price has been flat with DMC and increased by about 500 yuan / ton.


For the domestic silicone oil market, the abundant export orders in the previous round are good for the market offer to a great extent, but after the middle of the year, the foreign orders in the first quarter are also gradually closed, and the support for the silicone oil market will decline. The Zhangjiagang plant is planned to restart at the end of the month, the supply is expected to increase, the foreign brand silicone oil has a downward trend, and the price advantage of domestic silicone oil will be reduced accordingly.






In addition, the fundamentals of cracking material silicone oil and 107 rubber are poor, the decline of waste silica gel is small, the cost remains high, the price has no advantage over new materials, the recent transaction is limited, and the shipment is facing a loss.


From the demand side, the domestic downstream end consumption is general, the industrial chain still puts pressure on the upstream, the silicone rubber market is still flat, and there is no obvious improvement. However, it has been purchased on demand for a long time, the raw material inventory is not high, and there is a demand for replenishment before the festival. Recently, the textile industry in Zhejiang has been greatly affected by the epidemic, which has formed a certain bad demand for silicone oil.


Overall, the downstream terminal demand is still flat. In order to avoid risks, the willingness to store goods in large quantities is still not high. However, it will usher in the traditional peak season after the year, and some downstream manufacturers and traders are gearing up again. In the past two days, enquiries have been more active. Therefore, the upstream is also calmly watching and waiting for future transaction follow-up. In the short term, the market supports prices and depresses prices. The game between the supply and demand sides has entered a crucial stage. It is not certain who will prevail. It will be known next week or the end of the month.