Only 3 days from 2022! At the beginning of the week, DMC prices continued to rise, and the focus of market transactions continued to improve. While stimulating the preparation of goods in the rising atmosphere, the downstream was vaguely worried that the rise was too fast and the demand could not keep up, and was cut another round of leeks. From the perspective of pre Festival, the demand for goods preparation is still supported. Monomer factories have limited sales recently, and online auction has been rising, which has boosted the bullish confidence of the market to a certain extent.


From the supply side, the metal silicon at the raw material side fell by 700 yuan again yesterday. Now the quotation of chemical grade metal silicon 421# Huangpu port is 21800-22300 yuan / ton. With the easing of monomer factory inventory, the cost side has little impact on the trend of DMC. Yesterday, a monomer factory in Shandong quoted 26000 yuan / ton, 23000 yuan / ton lower than the low price on the 16th, up 3000 yuan / ton in recent ten days. In the short term, This wave rebound is a successful breakthrough. The updated quotation of mainstream monomer factories today is expected to be in line with 26000 yuan / ton, and the willingness to support the price is strong.


From the demand side, the stock mood in the room temperature glue market has been turned on recently. Under the buy up or not buy down mood, the trading atmosphere of the terminal has gradually improved. In addition, the upstream is reluctant to sell, and it is the stock node of silicone glue at the end of the year. This consumption and other rise also play a role in promoting the silicone market.


Based on the above, the silicone market trend in the recent week is relatively optimistic, the transaction is smooth, and the mentality of the industry has improved. However, due to the low price of high-temperature glue, some operators inevitably wait and see the market and have a cautious attitude. In addition, the recent centralized position replenishment is to release the suppressed demand in the early stage, and the terminal market is still in the off-season. Therefore, the sustainability of the demand side is still an important concern. The short-term DMC is still dominated by a slight rise. We should be vigilant against the sharp rise, whether upstream or downstream.