The first trading day of the year did not disappoint many investors. The three major indexes were all red, and more than 3500 stocks in the two markets rose!


The organic silicon plate is no exception, almost all of which are red, with an increase of 2% at 9:36 on January 30. According to the Associated Press of Finance, Goldman Sachs reiterated its recent forecast of raising China's GDP growth in 2023 from 4.5% in November last year to 5.5%. The positive release of the capital market provides some confidence in the beginning of 2023 for all industries, and the demand side of organic silicon is also expected to be improved. Although the market has not yet fully recovered, all parties have waited for the opportunity to repair profits.


Three days after the start of this week, Shandong monomer plants were as stable as Mount Tai. Today, the price was finally raised by 100, DMC quoted 16700 yuan/ton, and the main monomer plants were temporarily stabilized by 17000 yuan/ton. Because the silicone oil and silicone rubber enterprises were in the stage of returning to the market, the trading atmosphere had not yet entered the state, and under the condition of abundant inventory, the procurement was still cautious, but basically ready to rise. In February, the post-holiday trend was officially launched.


From the supply side, on the first day of the opening of the market, the price of industrial silicon fell. During the Spring Festival, many industrial silicon factories in the southwest region cut their production and stopped production due to the dry season, but the output of Xinjiang Inner Mongolia region continued to increase, and the trading volume of the Spring Festival basically stopped. Under the situation of strong supply and weak demand, the price of 421 # industrial silicon was reduced to 18500-19350 yuan/ton yesterday, a drop of 50~150 yuan/ton. In addition, the price of chloroform in Shandong Province is 3100 yuan/ton before the holiday. Overall, DMC costs fell slightly and the loss area is expected to continue to improve.


In terms of operating rate: at present, there are still units in Shandong, Zhejiang and Inner Mongolia, while Yunnan, Xinjiang, Hubei and other regions have maintained negative operation, with the overall operating rate of 61.73%. It has been reported that the single units that have been shut down for a long time are planned to restart after the year. Under the current situation of loss, the specific restart date is also estimated to be considered. On the whole, the low start rate also lasted for several months, and the improvement after the holiday is also the general trend.