The first rise after the holiday! First of all, there is a good news to cheer people up. On January 31, 2023, Hubei Jianghan New Materials Co., Ltd. officially landed on the main board of the Shanghai Stock Exchange. The stock name is Jianghan New Materials, and the stock code is 603281. The issue price was 35.59 yuan/share, with a price/earnings ratio of 14.8 times. The closing price of the issue was 51.25 yuan on the same day (January 31), up 44.00%, triggering the temporary suspension of trading during the session. The latest total market value was 13.6 billion yuan. According to this calculation, investors can earn more than 15000 yuan in a lot. The first new silicone stock in the year of the rabbit does not meet the expectations of the public.


The stock performance of organic silicon was brilliant, and the product also started its first wave of price rise. Guided by a series of positive results in the macro market, all industries and industries are hoping to be proud in 2023. With the construction of the middle and lower reaches of the market, Shandong Monomer Factory first rose by 200. DMC quoted 16800 yuan/ton today. Although the quotations of other monomer factories are still stable at about 17000 yuan/ton, from the perspective of the situation that the market has been closed and restricted before the festival, the heart of price rise has already been triggered. At the same time, enterprises in the middle and lower reaches are also thirsty for more. After all, the profit margin has long been crying for nourishment, so they will wait for the price increase to ship, and make a good start in 2023. On the whole, the February rally started.


Raw rubber market: At present, the mainstream price of raw rubber is 17500~17800 yuan/ton, which is still at a low level. Under the advance of local DMC, raw rubber is also ready to move, and some enterprises have slightly increased by 200-300 yuan/ton. However, the rubber blending enterprises have prepared goods in advance before the festival, and the inventory is relatively saturated, so they will be cautious in pursuing the increase of raw rubber. In February, the raw rubber enterprises still have pre-sale orders to be delivered, the inventory pressure is still controllable, and the loss area of raw rubber is larger than that of DMC, so the price repair is imminent.


The mixed rubber market: After a disorderly year, the mixed rubber enterprises in 2023 will be active and enterprising. After returning to work, they will start to run the market and seize orders, and strive to achieve a "good start" in the New Year of the Rabbit. As for the price increase of monomer plants, due to the proper stock before the holiday, the price increase was restrained. In terms of demand, there is also a batch of low price replenishment before the festival for silicon products. Therefore, the current rubber blend is mainly based on delivery of orders before the festival. Under the guidance of the leading manufacturers still at a low price of 15500, the quotations of rubber blend plants in South China maintain a stable price of 15800~16500 yuan/ton, with slight resistance to increase.


In the future, the high-temperature rubber market is concentrated in South China, Jiangsu and Zhejiang. The local government is actively promoting the expansion of overseas markets, and the demand side is expected to continue to improve. However, due to the low price suppression of monomer giants, the pressure on the supply of compound rubber is still large, and the repair of the loss side has to be gradual. It is expected that the compound rubber market will maintain stable operation in the short term.