Metal silicon rises sharply, silicone rises by 3000, raw rubber 38000, 107 rubber 37500, dmc38000
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The recent sharp rise in international bulk commodities, especially the rise in energy prices, has played a great role in promoting the rise in the market prices of silicone and metal silicon. The rise in foreign energy prices has affected some metal silicon production. Recently, Xinjiang issued a draft for comments on industrial and commercial power consumption, pointing out that the fluctuation of industrial and commercial power consumption by 65% has also had a certain impact on the domestic metal silicon market.
Recently, the price of silicone has risen sharply, the orders of monomer factories are good, the inventory pressure is small, and the price can maintain a high price in the short term.
However, the price rises day by day, which is quite the style when it soared in September 2021. Last year, the main driving force for the rise came from the supply crisis of raw metal silicon. However, with the change of policy, the price plummeted wildly. DMC fell from 68000 yuan / ton to 23000 yuan / ton, which was once ignored. This wave of price increased from 23000 yuan / ton to 37200 yuan / ton. The increase in downstream demand, exports and costs will certainly have a certain impact, but it is not enough to support such a sharp rise in prices. At present, the supply is still increasing, the production capacity in the early stage is also increasing, and the new production capacity has been running smoothly. The trial production of 200000 tons of new production capacity will begin this month, and another 400000 tons of production capacity is speeding up and ready to be put into operation. With so much supply, The price can continue to rise, so we need to be vigilant to avoid the cliff fall in November 2021. The more the price soars, the more vigilant we need to be!
Sinopec: PetroChina oil service has signed a new overseas oil and gas project contract of 3.87 billion yuan: the wholly-owned subsidiary Sinopec International Petroleum Engineering Co., Ltd. and total energy Uganda Co., Ltd. have signed the main contract of Uganda tilenga oil and gas gathering and transportation system epscc project. The total construction period of the project is 76 months, and the contract amount is US $611 million. Tilenga block in Uganda contains 5 oil reservoirs and 31 cluster well pads (426 wells), with an annual output of about 10 million tons of crude oil. The above contracts are equivalent to about RMB 3.87 billion, accounting for about 5.69% of the company's operating revenue in 2020 under Chinese accounting standards.
Ministry of Commerce: introduce pragmatic and effective policies and measures to promote consumption, innovate and carry out a series of consumption promotion activities: on February 28, the national teleconference on consumption promotion was held in Beijing. The meeting required that in 2022, the national business system should follow the decision-making and deployment of the Party Central Committee and the State Council, adhere to the principle of stability and seek progress while maintaining stability, and introduce pragmatic and effective consumption promotion policies and measures on the basis of epidemic prevention and control. We will innovate and carry out a series of consumption promotion activities, create a consumption upgrading platform, improve the energy level of traditional consumption, accelerate the development of new consumption, promote the continuous recovery and upgrading of consumption, strive to achieve "open door stability" of consumption, consolidate the basic role of consumption in economic development, better serve and construct a new development pattern, and welcome the victory of the 20th CPC National Congress with outstanding achievements.