Today, the price increase letters from the two giants have officially come into effect! (Announced price increase! A new wave of surge in August has arrived) (Leader announces: Organic silicon prices will rise across the board in August); How much will the prices of various organic silicon products increase? We will continue to pay attention. This week, the organic silicon market has basically entered the second half of price increases. During the calm period after stocking up, individual factories have collectively stabilized prices. Currently, the mainstream DMC quotation is rising at 13300~13900 yuan/ton.
Specifically, the "golden September and silver October" are constantly approaching, and after a wave of price increases, everyone's ambition is strong. However, the terminal demand node has not yet arrived, and downstream enterprises are only taking advantage of the rising trend to replenish inventory, and the supply-demand relationship has not truly reversed. In addition, industrial silicon continues to decline, with the main contract 2411 closing at 9340 yuan/ton in the past week (August 8-14), a decrease of 6.65%. The Silicon Industry Branch stated that there has been no significant improvement in the supply-demand relationship, which has led to an overall decline in spot prices and a certain negative impact on costs. However, the suppressed demand in the silicone market has been released ahead of schedule recently, and pre-sale orders from individual factories are still considerable. The exploration of price increases is not expected to end so quickly, and it is expected that there will be continued undercurrent flow in the short term. The next round of competition may soon emerge.
107 glue and silicone oil market: This week, the main focus is on digesting inventory in the middle and lower reaches. Currently, the mainstream price of 107 glue is 13700-14000 yuan/ton, and it is operating steadily for the time being. In terms of orders, after actively replenishing the inventory of silicone adhesive, the sentiment of chasing after the rise is cautious. After all, in the context of the continued cooling of the real estate market, the trading atmosphere of silicone adhesive is sluggish, and under conservative management, it is difficult for large investors to have large-scale stocking behavior in the near future. In the short term, silicone adhesive companies are cautious about stocking up and continue to purchase 107 adhesive according to demand, while the main manufacturers still have a competitive advantage in 107 adhesive. The bidding sentiment for other 107 adhesives still exists, and they may continue to follow DMC to explore price increases in the future.