As the Spring Festival holiday approaches, downstream enterprises in the organic silicon industry chain are entering the holiday rhythm one after another. According to Mr. Li, a senior industry insider in Guangdong, most downstream companies were already in the stage of business closure last week and are expected to take a break from January 18th to 21st. In terms of price trends, as of January 19th, the spot price range for DMC is 12800-13700 yuan/ton, the mainstream price range for raw rubber is 14300-14700 yuan/ton, the price range for 107 rubber is 14000-14200 yuan/ton, and the price range for domestic silicone oil is 14800-16500 yuan/ton.
On the supply side, top integrated individual enterprises maintain high operating rates driven by profits, while small and medium-sized individual factories face a tight supply of raw materials. At the same time, the humanoid robot market will usher in the first year of commercialization in 2024, with global technology giants laying out their presence. Market forecasts show that the global humanoid robot market size will grow from $2.2 billion in 2023 to $32.5 billion in 2029. As an emerging AI terminal scenario, AI adult toys will also experience explosive growth. The integration of AI technology has revitalized the traditional silicone toy industry chain and doubled its value.
In terms of the operation of individual units, the operating rates of the two major first tier enterprises this week were as high as 80% and 75% respectively. The average operating rate of integrated individual enterprises remained at 65% -70%, while the operating rates of other individual enterprises were between 50% -60%. During the Spring Festival, although some individual enterprises reduced production and controlled output, the overall supply still maintained a tight balance.