Today, there is an important meeting that is not simple, but it can be confirmed that the three financial giants will definitely have heavyweight news announced, which is also the beginning of a new cycle of high-quality branding development in the silicone industry. Every round of trend in the silicone market, whether viewed from the perspective of "grabbing orders" or "killing logic", is actually inseparable from the price changes of Shandong and Xinjiang factories. Since September, domestic silicone contract prices have experienced a "tail up" trend, with the average price of raw rubber contracts fluctuating from 13975 yuan/ton in early August to 15250 yuan/ton on September 23. The price war has not occurred and the market has reversed and risen, with a year-on-year increase of over 1000 yuan from the lowest point in August. However, there are changes in the process of staying the same. While the upstream market is rising, the downstream market is also generally "rising" and has already followed suit across the board.
As of September 23rd, the mainstream spot prices for DMC in China are 13700-14300 yuan/ton, for raw rubber they are 15000-15500 yuan/ton, for 107 rubber they are 14000-14500 yuan/ton, and for silicone oil they are 15200-17000 yuan/ton. 421 # metal silicon is reported at 12500-13100 yuan/ton, and chloromethane is reported at 2200-2300 yuan/ton. At present, global interest rate cuts are expected to benefit domestic organic silicon prices. In the future, we should closely monitor the situation of leading orders and changes in the pace of production cuts. In addition, we should closely monitor the changes in the trial production of a 400000 ton new plant in Shandong.
Organic silicon is essentially a cyclical industry, and after experiencing three years of cold winter, the bullish sentiment in the industry chain is relatively high. Industry institutions analyze that in the medium to long term, the overseas easing cycle has already begun, and there is still a lot of room for further interest rate cuts. Asset prices are relatively optimistic. Historically, loose cycles do not end in the short term. The Federal Reserve's interest rate cut will improve the global liquidity environment, thereby benefiting asset prices such as stocks, bonds, and commodities. For the domestic market, unexpected interest rate cuts have reduced external constraints on domestic policies, and policy space may be further opened up. The Federal Reserve's unexpected interest rate cut is expected to narrow the interest rate differential between China and the United States. For domestic monetary policy, the external pressure of reserve requirement ratio cuts and interest rate cuts has eased, and there is still room for a downward trend in bond interest rates. In terms of manufacturing, the improvement in liquidity and expected orders will also marginally benefit the domestic manufacturing industry. Mr. Wu believes that can the price of organic silicon continue to rise in the future? It depends on two aspects, one is the change in orders held by top enterprises. The second issue is the sustainability of production reduction in upstream and downstream facilities.

Raw rubber dynamics: The domestic raw rubber market has fluctuated upwards, with Hesheng remaining stable. The market prices of other grades have risen by 100-200 yuan/ton, with mainstream contracts reporting 15000-15300 yuan/ton. Spot prices have locally risen to 15500 yuan, and traders are clearing inventory at a fair price. Overall, major rubber factories are making efforts to downstream mix rubber. The self use rate of Zhejiang Yisheng Rubber has increased to 60%, while other self use rates are around 30-40%.
Rubber mixing dynamics: The stable price and volume of rubber mixing in major monomer factories are the main factors, and the market competition is fierce. The mainstream brands of gas-phase adhesive are quoted at 19800-21500 yuan/ton, while the prices of conventional hardness precipitation adhesive are around 13500-13750 yuan/ton, and the prices of major brands are 14300-14750 yuan/ton. At present, the operating rate of rubber mixing enterprises varies greatly, with top brands such as Zheng'an and Dongjue receiving sufficient orders, while other small and medium-sized brands are actively clearing inventory and shipping.
Liquid adhesive dynamics: Orders are further gathering with top enterprises, with orders from power engineering insulation parts, medical aesthetics, rail transit, aerospace and other fields growing rapidly, with prices ranging from 30000 to 50000 yuan/ton. Orders for traditional mobile phones, computer accessories, medical aesthetics products, and tableware such as spoons and spatulas have decreased by about 10%.
White carbon black dynamics: The domestic market for gas-phase white carbon black is temporarily stable. Currently, the low-end price of 200 # gas-phase white carbon black is 19000-23500 yuan/ton, and the mid to high end price is 24500-29500 yuan/ton. The market for precipitated white carbon black continues to remain stable, with Yuanxiang, Cisco, and Haiborui adopting a unified pricing mentality. Terminal procurement intentions continue to be in high demand, and the current quotation for precipitated white carbon black used in silicone rubber is 6500-7500 yuan/ton.
On September 20th, Yu Chengdong, Chairman of Huawei Terminal BG and Chairman of Intelligent Automotive Solutions BU, visited the CCTV News live broadcast room and witnessed the delivery of the Huawei Mate XT three fold new machine together with the host Nigemaiti. In Yu Chengdong's view, choosing the Mate XT triple fold is truly putting your phone, tablet, and camera in your pocket. Yu Chengdong revealed that due to the impact of sanctions, the current Huawei PC may be the last batch of laptops equipped with Windows system, and there will be PC products with HarmonyOS system in the future.