After experiencing the roller coaster market, the domestic silicone market rebounded as scheduled last week. Upstream, the metal silicon market continued to fall, alleviating the shrinking profit of silicone monomer factory. On the supply side, affected by the oversold in the downstream market in the early stage, the low-end DMC once reduced its price to 28000 yuan / ton last week. Thanks to the increase of bottom reading and warehouse building in the raw rubber market, it has formed reverse support for the DMC market. Monomer factories have stopped falling and returned to rise, and their confidence in supporting prices has increased. At present, the mainstream quotation in DMC market is 30800-32000 yuan / ton. Raw rubber, 107 rubber and mixed rubber increased by 800-1500 yuan / ton one after another.


At present, after a dismal wait-and-see period, the market has also ushered in a wave of replenishment, including those who just need to purchase and those who hold high inventory. They hope to copy the bottom and lower the average price of the overall inventory. It can be seen that after the inventory transfer of monomer plants, the supply of goods in the short-term market is still relatively loose. Can the road of silicone recovery be stable?


Zhejiang: 3 units are in normal operation; Shandong region: one unit is in normal operation, the annual maintenance plan of Dongyue unit is cancelled, and the maintenance of Jinling unit lasts about 15 days; North China: 2 units are in normal operation, central China: Jiangxi units are in normal operation, Hubei units are gradually reducing the load, and it is planned to stop maintenance at the end of November; Northwest China: all units operate normally; Zhangjiagang plant is planned to be shut down for maintenance in December; The two units were overhauled this week, some power rationing was alleviated, and the overall starting load was increased.


107 glue Market: 107 glue rebounded in repair last week. Affected by the recovery of DMC, the increase of on-site orders, the reduction of inventory pressure of monomer factories, the return of cost support of 107 rubber enterprises, the follow-up price rise of 1000-1500 yuan / ton, and the current quotation of 32500-32800 yuan / ton, affected by the mentality of buying up but not buying down, the enthusiasm of downstream procurement has changed, and the low-price competition in 107 rubber market has gradually decreased.


From the demand side, the silicone rubber is generally running light and there is a positive stock phenomenon, but the trading volume is difficult to increase significantly. In particular, recently, there have been continuous thunderstorms in real estate enterprises, some construction projects have been suspended, and with the cold weather, the demand in the northern region has decreased, and the terminal demand side is still weak, which affects the delivery speed and order receiving volume of silicone rubber manufacturers, As a result, the manufacturer's high price 107 glue inventory has not been fully digested. Therefore, silicone glue enterprises are bearish about the future market, and most of 107 glue is just needed to purchase.


On the whole, 107 glue manufacturers are still facing the pressure of inventory downward transfer. It is expected that the transaction price of 107 glue will remain stable in the short term due to DMC price transmission, but under the pressure of the demand side, it is still difficult for the price to rise.


Silicone oil market: last week, the methyl silicone oil market was stable, the demand was eased compared with the low point in the early stage, and the market trading volume began to pick up. Although it was different from the same period in previous years, the price stabilization mentality of methyl silicone oil enterprises was strengthened, and the bearish sentiment in the downstream also slowed down. The current silicone oil market quotation is 38000-40000 yuan / ton. The price of imported silicone oil remains high, but the agent has appropriately reduced the quotation when it is difficult to clinch a deal at a high price. Due to different channels, the wide quotation is 60000-65000 yuan / ton. In the following December, the Zhangjiagang factory had a maintenance plan. In the short term, Dow and wacker still had few goods in circulation in China.


On the demand side, downstream enterprises have different views on the future market, so they have different enthusiasm for goods preparation in the near future. The domestic demand for silicone glue and textile is still weak, so they are cautious in goods preparation. Overseas users' acceptance of high priced silicone oil is better than that at home. Some foreign trade enterprises actively placed orders to lock the price last week after the price stopped falling. On the whole, the trading heat of domestic demand is slightly lacking, but affected by the mood of buying up and not buying down, foreign orders are more optimistic, and silicone oil enterprises have a strong attitude of supporting prices. The silicone oil market is expected to be stable and good in the short term.