hold still! Not only has the decline of metal silicon been temporarily stable, but the quotations of major monomer factories have also remained stable throughout the entire line. This round of decline may have temporarily ended, with some downstream inventory already digested and low-end transactions turning better. The subsequent willingness to continue to yield profits may not be strong, mainly stabilizing. Currently, the mainstream quotations of DMC remain stable at 15800~16500 yuan/ton. Due to the limited demand for downstream orders and the unchanged pattern of strong supply and weak demand, there is still room for negotiation in private transactions between mainstream monomer factories. The actual transaction volume of DMC is around 16000-16200 yuan/ton. Overall, the trading atmosphere has slightly improved, and large orders are still being waged. With mainstream transactions approaching low prices, individual unit factories may find it difficult to maintain stable prices. It is expected that DMC prices will stabilize slightly this week, and the demand for hoarding needs to be followed up.






Raw rubber market: After the leading raw rubber factories have continuously lowered their prices by about 1000 in the past two weeks, other raw rubber enterprises have been forced to fully follow up due to shipping pressure. Currently, the unified quotation for raw rubber is basically 17000 yuan/ton, but the mixed rubber connection order is poor, and it is basically "just looking, not buying". It can be said that the "price for quantity" action of the raw rubber enterprises last week failed.






Nowadays, DMC has stopped falling and stabilized its price, while the decline of raw rubber is more limited. According to our understanding, most transactions have turned to negotiation, and there is 200-300 bargaining space for the entire vehicle. At the same time, the bundled promotion of raw rubber and mixed rubber still exists, with a maximum discount of 500 yuan/ton for raw rubber, with 10 mixed with 3. In short, based on the actual transaction price, it has fallen below the lowest price in the previous round, and some rubber mixing enterprises have stepped in.


Mixed rubber market: Last week, due to the impact of raw rubber tape, the quotation of mixed rubber enterprises has declined, and in order to alleviate the inventory pressure, the operating rate has also decreased simultaneously. Currently, the mainstream quotation for mixed rubber is 15200~16000 yuan/ton, and the pressure for receiving orders is still on. On the one hand, there is no obvious sign of improvement in the silicon product market, which is still being digested due to a previous round of advanced layout. On the other hand, leading rubber blends have been poorly stocked, and the market is flooded with low-cost sources of goods. Product factories naturally guarantee more funds to go to the market to grab orders, and are not very active in purchasing raw materials.


Based on the above, rubber blending enterprises are also struggling with losses in the vast "Red Sea", where thousands of troops are crossing a single wooden bridge. It is expected to wait and see prices stabilize this week.