New order transactions are slowing down! This week, the overall trend of the silicone oil market has been weak, with upstream prices remaining firm under the support of pre-sale orders, while downstream markets are experiencing emotional polarization under the suppression of terminal demand. On the one hand, due to the mid month maintenance plan of a facility in North China, DMC spot supply has decreased, which may help DMC continue to rise prices. Some silicone oil companies believe that individual factories have sufficient confidence in maintaining stability in September; On the other hand, the upward trend is difficult to transmit downwards, and the conversion of terminal demand orders is average. Under cautious sentiment, the market's acceptance of high priced raw materials is weakening, and some DMCs have shown a willingness to compromise during negotiations. However, local price increases are still being implemented. Yesterday, major manufacturers raised the price of high hydrogen silicone oil by 500 yuan again, with a quoted price of 7500 yuan/ton. Overall, the current organic silicon market lacks strong upward support, and relying solely on individual factories to explore price increases alone is difficult to completely drive the entire industry up. In the current downstream bearish sentiment, market prices may inevitably fall into a chaotic situation of mixed ups and downs in the short term. In short, the current new order transactions are average, and the supply-demand game is brewing.
107 glue and silicone oil market: In terms of cost, mainstream monomer factories such as DMC maintain stability, while 107 glue and silicone oil companies remain unchanged. The price of 107 glue ranges from 13800 to 14200 yuan/ton, and the price of silicone oil ranges from 15500 to 16300 yuan/ton, both of which remain stable. Looking at the demand side again, based on the sustained downturn in the construction market, room temperature glue is not as good as gold nine. After receiving a wave of essential orders for silicone oil and 107 glue last week, there was a lack of new transactions this week. However, based on the strong quotes from major manufacturers, most 107 rubber and silicone oil companies have sufficient pre-sale orders, and the confidence to raise prices is still strong. In the short term, in order to effectively avoid the phenomenon of malicious low price bidding in the market, upstream enterprises have a certain degree of tacit understanding in adjusting prices, and 107 glue and silicone oil can basically remain consistent. At present, the supply-demand contradiction has not yet intensified, and the inventory of various manufacturers is controllable. The 107 glue and silicone oil markets maintained stable operation before the holiday. In terms of foreign silicone oil brands, under the trend of exploring the rising market, foreign silicone oil orders have been driven to a certain extent. Agents are mainly active in shipping, and the expectation of following the trend is not strong. The price remains at 18000-19500 yuan/ton.