Monitoring data shows that DMC multiple devices continue to stop for maintenance! It affects Zhangjiagang, Yichang, Xinjiang, Wuhai, Quzhou and other places! On the contrary, some downstream enterprises produce at full capacity. Recently, the author asked several silicone photovoltaic adhesive enterprises about the changes at the enterprise level after the optimization of epidemic prevention and control policies. Relevant rubber enterprises said that the company has been in full production status, and the order is not even in time for production; In addition, the decrease of ocean freight is more favorable for the export of photovoltaic adhesive products. The optimization and adjustment of domestic epidemic prevention policies have also brought benefits to the market. At present, the boosting effect of policy optimization on the silicone industry chain is mainly reflected in the smooth supply chain. An important change is that business trips are more convenient than before.



The safety production inspection is coming! In order to earnestly implement the important instructions of the General Secretary on work safety and resolutely prevent and contain major accidents, the Safety Committee of the State Council has decided to carry out nationwide special rectification, supervision and inspection of major hidden dangers in work safety at the end of the year and the beginning of next March. This special rectification, supervision and inspection requires all provincial governments to deploy and carry out special rectification of major potential safety hazards in combination with local conditions and the criteria for determining major potential safety hazards in key industries.



In December, with the continuous optimization of domestic epidemic prevention policies, the macro market sentiment has improved, the sluggish silicone market in the early stage has warmed up, and the futures price has started to rebound slowly. In the first quarter of 2023, DMC mainstream contracts have stabilized at the level of 17100 yuan/ton. At present, the main driving force for the slow rise of the price of organic silicon is from the macro perspective. On the one hand, with the decline of overseas inflation, the pace of interest rate increase by the Federal Reserve and other central banks slowed down, the People's Bank of China lowered the reserve requirements of financial institutions, the dollar index fell back, the RMB exchange rate strengthened, and the commodity market recovered. On the other hand, based on the continuous optimization of recent epidemic prevention policies, the market began to trade the expectation of future demand recovery. At the same time, due to the overall poor performance of the current silicone terminal demand, there is more room for improvement in the future silicone market domestic demand under the background of macro expected improvement.




The relevant person in charge of Elkem told the author of Global Organosilicon Network that with the continuous optimization of domestic epidemic prevention policies and the accelerated pace of policy adjustment, the downstream demand has improved to some extent. At present, the operating rate of various downstream sample enterprises has increased slightly. In the early stage, the scheduling of downstream overhaul enterprises has gradually returned to normal, driving the operating rate of sample enterprises to increase. Although the current domestic and international demand is still weak, due to the early Spring Festival in 2023, there will still be a round of relatively concentrated demand for replenishment of silicone raw materials before the festival.



Domestic commodity futures: by the end of the afternoon of December 8, most of them had closed higher, Shanghai Nickel had risen by more than 4%, soybean meal by more than 3%, coke, soybean 2 and rapeseed meal by more than 2%, soda ash, iron ore, ferrosilicon, urea, international copper and Shanghai Silver by more than 1%; Pigs fell more than 6%, LU fuel oil, crude oil and palm oil fell more than 2%, red dates and cotton yarn fell more than 1%.