In mid January, the downstream preparation cycle of the silicone market came to an end, but the market still had something to watch. Last Friday, the bidding of some manufacturers soared to 31600 yuan / ton. This week, many mainstream monomer factories opened and received orders in limited quantities, and the prices were actively followed up. This Monday, the mainstream quotation of DMC is 31500 ~ 31600 yuan / ton, and the raw rubber is 32000 yuan / ton; The market supply continues to be tense, which has certain support for the spot market. At present, the spot transaction price of DMC is slightly higher than the manufacturer's quotation of 1000 yuan / ton. Due to limited logistics, some manufacturers also start holidays, and the delivery volume of spot delivery is limited. In the short term, the price probability before the Festival remains stable.


From the supply side, some monomer manufacturers opened this week. Under the atmosphere of price but no goods in the market, upstream manufacturers actively pre-sale the supply after the year, and the phenomenon of order delay before the year is becoming more and more common. It is understood that some manufacturers arrange orders until mid February, so their offer attitude is not less disappointing. In terms of devices: Hubei devices resumed restart, Shandong and Hebei devices started and stopped one after another, and the overall operating rate has increased. In addition, the new capacity is also advancing steadily. The fundamentals of supply and demand should be relatively balanced, and the supply tension after the festival may be alleviated.


From the demand side, small and medium-sized manufacturers gradually leave the site, and large downstream enterprises successively prepare for the holiday at the end of collection. The overall demand side shrinks slightly, but the inventory of middle and downstream manufacturers is low, and the goods preparation is still relatively active under the limited supply. The quotations of silicone oil, 107 rubber and raw rubber are still dominated by the above exploration, and the bullish intention is strong. In the downstream terminals, there was no good news to stimulate demand years ago. With the price climbing to a high level, the cautious wait-and-see mood may increase, and the difficulty of market volume appears slightly.






In addition, the trading of metal silicon market is slightly calm, and the price before the festival is expected to remain stable. However, in the long run, the energy consumption control is becoming stricter, and the operating rate will still be affected. With the continuous growth of the terminal consumption of silicone and polysilicon on the demand side, there is still a gap risk on the supply side, and there is a certain rebound expectation after the sharp rise and fall.






Based on the above, DMC's reluctance to sell is still obvious. A small amount of spot goods continue to drive the market higher in the speculation atmosphere. The middle and lower reaches actively prepare goods and are betting on the rise of the New Year!