Happy holidays always pass quickly, and the market in the first week of the Year of the Rabbit is gradually expanding! Today, we will briefly review the price before the festival. At the beginning of January, the performance of the silicone market fell first and then rose. The midstream and downstream enterprises actively prepared goods at a low level. Some monomer plants closed the market for the last week and were reluctant to sell. After a continuous increase to 16800 yuan/ton, individual monomer plants in Shandong suddenly fell 200. Today, the DMC remained stable at 16600 yuan/ton, while other monomer plants made sporadic quotations, and the main force remained stable at 17000 yuan/ton.


During the Spring Festival, the secondary infection we worried about did not occur, and consumption recovered significantly. The tourist attractions were overcrowded, visiting relatives and friends were not very lively. The Spring Festival Gala program is live, and you don't need to wear masks. It seems that everything is back to normal, which undoubtedly increases your expectation for 2023. In addition, during the Spring Festival, the world's major stock markets generally rose during the A-share closing period. The S&P 500 index of the US stock market rose by 2.47%, the Hang Seng index of Hong Kong stock market rose by 2.92%, and the futures of the FTSE China A50 index rose by 2.94%. Many parties believed that the probability of the A-share market opening after the holiday was very high.


Back to the organosilicon market: due to the optimistic pre-sale orders of major monomer factories before the festival and the low risk of stock accumulation during the Spring Festival, the common goal is to recover profits after the festival, and the middle and lower reaches also expect the organosilicon market to be repaired. With good expectations for the new year, is the "Year of the Rabbit" in the silicone market expected to come as scheduled? Let's wait and see! At the beginning of the new year, how will the market change? The organosilicon mall will continue to follow the principles of objectivity, impartiality and seeking truth from facts to sort out the market situation for everyone. Please continue to pay attention!