Lower the price again! Surprise or surprise? The world of adults is often filled with joys and sorrows. Under the double pressure of overstocking and poor order receiving, Shandong monomer factory fell another 1000 yesterday, DMC quoted 21700 yuan / ton, and today fell another 300 yuan to 21400 yuan / ton. Other monomer factories either had no choice but to fall to 22000 yuan or did not offer for the time being. Under the imbalance between supply and demand that lasted for two to three months, all manufacturers broke the alliance and fought their own battles! In the scuffle among downstream enterprises, there are panicky and appropriate stock, and there are calm and bearish people who continue to wait and see. Yesterday, with the follow-up of various manufacturers, the way for the leading monomer factory to reduce the inventory was blocked again, and the probability of another decline instantly increased. Therefore, the downstream also dare not continue to stock goods, and it is mainly a wait-and-see situation.


From yesterday's quotation of metal silicon 421huangpu port of 18500~20300 yuan / ton, another drop of 350. The cost side continued to decline, increasing the margin of single plant bidding. It is expected that the DMC price will show a downward trend this week, and some single plants approaching the cost line will follow the decline or have a weak follow-up.


Raw rubber Market: after Zhou yilongtou raw rubber factory took the lead in leading the decline, other raw rubber factories also competed to follow the decline yesterday. Some of them will not make an offer for the time being, but will be discussed separately. As of May 31, the mainstream quotation of raw rubber was 23000 yuan / ton, down 5500 yuan / ton or 19.30% compared with the beginning of the month; From the trend of average price, the average price of this month was 26515.63 yuan / ton, down 9.93% from the same period last month. On Monday, some rubber compounding enterprises had some goods in stock, but yesterday, all manufacturers followed up. The bearish expectation of rubber compounding increased again, and it was originally a series of losses. This preparation fell all the way. Both confidence and capital were hit. At present, the procurement has been suspended. Before the festival, it was difficult for the raw rubber factory to go to the warehouse, and the price is still likely to impact downward.


Rubber compound Market: raw rubber is falling, and rubber compound can only fall. This week, the rubber compound of the leading factory fell to 18500 yuan / ton, while the mainstream quotation of other rubber compound factories was 20000~21000 yuan / ton, a decrease of 500 yuan / ton compared with the previous week. At present, there is no profit in the rubber compounding market. Every single order is a loss. Some enterprises have lost their fighting spirit like a salted fish. They are forced to reduce production and reduce the burden, trying to keep the loss less; Some other enterprises are still tenacious, looking forward to when they can take advantage of the chaos and tear down "a piece of meat" in the bidding scuffle of monomer factories.






Generally speaking, the battle of reshuffle has been started. The rubber mixing enterprises are all seeing and listening, and are striving to survive. However, the process of upstream to downstream market is pressing, and some of them with poor strength may be about to be eliminated.


Demand side: at present, the end consumer market has not recovered, the upstream has continuously increased production capacity, the supply and demand pattern has been reversed, and the market dominance has shifted downward. Facing abundant raw materials, silicon products have more confidence and upstream challenge. But for the product factory, the biggest problem is still the lack of orders. Compared with the raw materials, the inner roll is also better than the raw materials. Therefore, the pressure on prices is transmitted from bottom to top. At present, both the middle and lower reaches are waiting for the single plant to bid for a lower price before bottom reading. However, there are different opinions on when the bottom is.






In the later stage, the quotation of individual factories is getting closer and closer to the cost line, and the profit margin is shrinking. As for the comprehensive unsealing of Shanghai in June, there will be a wave of positive expectations for the demand, but the recovery is not so fast. It is estimated that the demand will start at the end of June or around July. Therefore, during this period, reducing inventory and promoting transaction is still the main theme. Finally, I want to say that we should not be too pessimistic, and a reasonable inventory is still needed.