On Wednesday, A shares staged a "deep V" rebound. The three major stock indexes opened lower in the morning, and both the Shanghai Index and the Shenzhen Composite Index fell by more than 1.5%. In the afternoon, the stock index rose rapidly, and the Shanghai Index recovered 3000 points, and nearly 100 shares rose. When will our silicone market rebound? At present, the transaction is still dominated by surrendering profits. Yesterday, DMC's quotation was stable at 17300~18000 yuan/ton, while the actual transaction was 17300~17500 yuan/ton. However, some individual individual factories have made outstanding concessions to large orders. The number of orders received in these two days is considerable. At the same time, the initiative to reduce production has been enhanced due to the low price. This week, the low price stimulus of some factories is effective, and the trading situation has improved. It is expected that the decline will stop in the near future.


From the supply side: at present, chemical grade silicon metal of raw materials is still operating stably, with the quotation of 21500~21800 yuan/ton. In Shandong, the price of methyl chloride continues to fall, and the current price has dropped to 3700 yuan/ton, with the cost still high. Although individual factories are eager to ship goods and can't take into account the cost, with a giant surrendering profits secretly, most manufacturers also said they can't follow. As a result, the large price difference leads to different stock removal levels for each factory, and the subsequent supply pressure is also different. The probability of stock removal is back to online quotation, and the overall supply side pressure still exists for the stable operation of non stock removal.


On the demand side: seeing several rounds of fierce fighting among monomer plants, some monomer plants have temporarily stopped working. Downstream enterprises are naturally not indifferent. A monomer plant has received a good amount of orders. However, the products are slightly differentiated. First, DMC and 107 glue make a big profit synchronously. Silicone oil and silicone glue plants are active in stocking up, and the stock removal is obvious. In terms of raw rubber, as the last round of rubber mixing plant has been grabbing a lot, and due to the holidays and poor logistics of Yi, it has only recently arrived in succession, and the raw rubber does not yield much profit secretly, so most of the rubber blends need only a small amount of stock. From the above logic of going to the warehouse, one product comes one product at a time, so it is no doubt that the inversion of raw rubber, 107 rubber and mixed rubber is normal.