The bottoming continued, and the bidding status began on Monday. Yesterday, Shandong monomer factory fell by 200, DMC returned to 20200 yuan / ton, while the leading monomer factory fell by 500 or 1000 directly! The prices of DMC, raw rubber and 107 rubber all fell to 20000 yuan / ton, a rare unified price in history! As for other monomer plants, some are eager to keep up and some are on the sidelines, the probability will also be forced to keep up. Today, some individual factories fell below the 20000 mark! DMC quoted 19800 yuan / ton.


The lower reaches just need to stock up, but more are still waiting. The 20000 level has been sawing for nearly a month. Now that the bidding has begun, a fall below is imminent. Therefore, manufacturers with a large stock also took the opportunity to bargain. In the last week of June, it is difficult to carry 20000!


From the supply side, the price of chloromethane continued to decline this week, and the price of chemical grade silicon 421n at the raw material side was reduced to 19400~20000 yuan / ton yesterday. The decline at the cost side also weakened the cost support of monomer plants. In terms of devices: at present, the production reduction of single devices has not been effective, and now it has entered the stage of fighting independently. There is uncertainty about whether a consensus can be reached on the production reduction in the future. More importantly, it is forced to increase the production reduction due to the expansion of the loss area. Generally speaking, there is great pressure on the supply side, but a number of individual enterprises have also said that the DMC of 20000 has fallen below the cost price, and the space and time to fall back are limited. If the inventory is low, you still need to stock up appropriately.


From the demand side, the outstanding delivery of the major monomer factories has also entered the final period. As the terminal recovery is less than expected, the consumption process is delayed. Therefore, in this round of bottom reading stage, the mood of hoarding goods in the middle and lower reaches is less than that in early June. Some monomer factories may also take this into account, and they are very decisive in bidding and following the decline. This week will enter the second half of the year. Not only the middle and lower reaches have great confidence in organic silicon bottom hunting, which has fallen below 20000, but also many traders will enter the market one after another.


In the short term, it is possible to stop the decline and stabilize, and the rebound is still expected to be achieved with the joint cooperation of production reduction and terminal demand recovery. Don't hoard goods blindly to rise. Think about the last round of your bottom reading orders?