Last week, it was said that there was a wave of bidding at the end of the month. This week, all monomer factories entered the battle one after another, but the price fell below 20000, and the upstream profit was greatly challenged. Therefore, at this stage, they always saw things repeatedly, rebounding from time to time and exploring the rise. In recent two days, individual monomer factories in Shandong rose by 200. Today, DMC opened at 19700 yuan / ton, while other monomer factories remained unchanged, DMC reported 20500 yuan / ton.

Is this round of trend reversed? Some midstream and downstream manufacturers who just need to stock up, under the guidance of stopping the decline and exploring the rise, may stimulate purchasing willingness for the low-cost supply at this time, but most enterprises still believe that yesterday's rebound operation is essentially to stimulate shipments, and it is a little difficult to reverse the situation in the near future. Judging from yesterday's trading atmosphere, wait-and-see is still the mainstream, and the stock orders in August have not been actively entered.


Raw rubber Market: at the beginning of the week, due to the decline of 500 in the leading raw rubber factory, other raw rubber manufacturers also followed suit. At present, the mainstream quotation of raw rubber is 20700~21000 yuan / ton. At present, the raw rubber in the rubber mixing plant is still sufficient, and the current small profit incentives have little effect. Even if the local DMC rebounds slightly, the rubber mixing enterprises are indifferent, and are still waiting for further bidding incentives for raw rubber. This week, the leading raw rubber factory opened ABC sales preferential policies, with a maximum discount of 400 yuan / ton. For other raw rubber factories, there will also be corresponding preferential strategies to maintain the orders of major customers. In short, at the end of the month, the replenishment period is imminent, and everyone has to rush for orders, and a large number of customers have become the object of competition. In the short term, the profit compression of raw rubber is obvious, and the recent quotation may be stable temporarily, but there will be no less operations of obvious stability and hidden decline.

Rubber compounding Market: the price of raw rubber has not been reduced last week, and the price of rubber compounding has fallen in advance. This week, the price of rubber compounding has fallen on a large scale. In particular, the rubber compounding of leading monomer factories has been reduced to 17500 yuan / ton, the lowest price this year. If there are preferential policies for the purchase of class a B customers, most rubber compounding factories are facing losses and shipments. At present, the mainstream quotation of rubber compounding in South China is 18500~19500 yuan / ton, down 500 yuan / ton.

In the short term, the expected low price of raw rubber has not yet reached, and some monomer factories rebounded yesterday. Under the circumstances of poor profits and the downturn of downstream silicon products, rubber mixing enterprises are in a dilemma and can only survive in the cracks.

From the demand side, the DMC market has rebounded locally in the past two days and is generally stable. Some enterprises just need to stock up slightly positively, but most enterprises are still cautious. After all, in this newly opened supply and demand game, it is obvious that terminal demand still prevails. No matter how ups and downs the upstream enterprises are, the core elements of the silicone market have always been mastered by the terminal market. Therefore, in the view of Xiaobian, this wave of decline is not over, and the rebound still has a long way to go.

From the demand side, the DMC market has rebounded locally in the past two days and is generally stable. Some enterprises just need to stock up slightly positively, but most enterprises are still cautious. After all, in this newly opened supply and demand game, it is obvious that terminal demand still prevails. No matter how ups and downs the upstream enterprises are, the core elements of the silicone market have always been mastered by the terminal market. Therefore, in the view of Xiaobian, this wave of decline is not over, and the rebound still has a long way to go.