Yesterday, DMC rose by 100 from the low point, metal silicon rose by 150 instead of falling, and methyl chloride in Shandong also rose by 200. The first wave of rise in September seemed to come, and the market mood was slightly turbulent, but the actual action was still conservative, and only a small batch of goods was needed in some parts. Today, a few monomer factories in Shandong rose by another 100, and DMC reported 19000 yuan / ton. Although the quotations of other monomer factories were stable, in order to ship, some manufacturers have long been on the same level with Shandong's low DMC. Therefore, the transaction of 19800 DMC of the leading monomer factory was not good. Will they be unable to resist the stimulus of downward adjustment today?



From the perspective of supply side: just after the power limitation was eased, there was a situation again. Yesterday, another 6.8-magnitude earthquake occurred, and the recovery of industrial silicon production capacity in Sichuan was really twists and turns. In addition, power consumption in Yunnan has also been relatively tight in recent days, and some manufacturers have reduced production, further supporting the supply side of metal silicon. As a result, the price of 421 # Huangpu port rose again this week. Yesterday, the price quoted was 19900-20500 yuan / ton, a slight increase of 150 yuan / ton.




In terms of operating rate: Hubei has made it clear to shut down for maintenance, Sichuan and Xinjiang still operate under reduced load, and a monomer plant in Zhejiang plans to shut down for technical transformation. On the whole, the production reduction of individual factories in September was stronger than that in August, which may alleviate the situation of supply exceeding demand. However, the demand was not boosted, the production reduction could not be sustained, and the supply and demand pattern was still difficult to reverse.


From the demand side, the upstream enterprises took the initiative to reduce production and slightly explore the rise, but the manufacturers in the middle and lower reaches were always calm, everything was order oriented, and the terminal was still unable to recover. Under the continuous pressure of this bad situation, the enterprises in the middle and lower reaches did not dare to easily prepare goods and receive orders. Be bearish, run ahead of time and fear that the sudden rise will fall at both ends; Be bullish. If you stock too much, you're afraid that a sudden drop will add to the loss. Therefore, in this uncertain market, most enterprises still focus on just needed procurement.


To sum up, with the support of raw material metal silicon, for monomer factories, the low price stimulus has no feedback. Now faced with cost increases, they are naturally more willing to take advantage of the situation to keep up, but it is still unknown whether the downstream can buy it. At the same time, the leading monomer factories offer high prices and do not go to the warehouse well. There is still a wave of downward adjustment. It is expected that after this week's rise and fall operation, the DMC price difference of various manufacturers will narrow or return to the same level.