disappointment! Today's organosilicon market continues to decline. Shandong monomer factory fell another 300 today. The opening quotation of DMC was 18900 yuan / ton, which officially fell below 19000 yuan / ton. At present, the supply and demand sides are still playing games, and the upstream bidding seems to be a little weak. Considering the cost problem, some monomer factories with high costs have begun to lose money, and their ability to follow the decline has weakened. The leading monomer factories are temporarily stable. At present, the mainstream quotation of DMC is 19200~20000 yuan / ton. In the short term, there may be monomer factories following the decline. With the deepening of the decline, downstream enterprises' covering positions increases, and the market is likely to rebound in a restorative manner.


Raw rubber Market: at present, the leading raw rubber has fallen below 20000. Although other raw rubber enterprises stick to the quotation of more than 20000, the high-level transaction is difficult. Coupled with the sufficient inventory of mixed rubber, it is now facing a loss shipping situation. In the case of insufficient order support and precarious profits, we still remain cautious and wait-and-see. By the time of press release, the raw rubber market quotation was 19700-20000 yuan / ton. In the short term, if the raw rubber did not have enough low price temptation, and the stock of mixed rubber was limited, it was expected that the raw rubber was weak in the first ten days of August, which was easy to fall but difficult to rise!


Rubber compounding Market: raw rubber prices fell, and the rubber compounding only fell. The rubber compounding of leading monomer factories was still reported at 17500 yuan / ton, while other rubber compounding factories generally reported 18000~19200 yuan / ton, a small decrease of 200-500 compared with last week. The raw rubber remained stable in the past two days. Rubber compounding enterprises actively digested inventory, and most of them were in the state of loss shipping. However, the demand for downstream silicon products was limited, the order situation was general, and the low-cost bottom reading in the early stage overdraw the current demand to a certain extent. At present, rubber mixing enterprises adopt the principle of appropriate import and export, which is no longer as radical as last year. The core demands of most manufacturers do not expect to make much money, as long as they do not lose money this year, or don't lose too much last year.


From the demand side: the current severe geopolitical conflict, which is coerced by too many uncertain factors, leads to the slow recovery of terminal demand, the domestic and foreign orders of silicon products are not ideal, and the compound has been at a low price for the past two months, the silicon products factory has sufficient stock, and there is limited room to continue to replenish the warehouse before the order is restored.



On the whole, we have experienced several rounds of fierce bottom hunting and selling in the first half of the year, and there is no room for the overall market to rise sharply this year. Therefore, the downstream remains calm about chasing the rise, but the bearish trend continues to rise, and the stock preparation basically maintains rigid demand. At present, everyone is focused on the terminal market. Only when the terminal demand returns, the market will have a big move.