Yesterday, two more cardiotonics entered the downstream market. The quotation of chemical grade metal silicon 421# Huangpu port dropped sharply by 2000 yuan / ton, and now the quotation is 61000-68000 yuan / ton. In succession, the quotation of local DMC also dropped sharply, falling straight to 4000 yuan / ton and 57000 yuan / ton, aggravating the bad mood in the market.


The bad mood of low terminal demand finally broke through the high level, and the bearish atmosphere invaded the raw rubber market. On Tuesday, the quotation of the mainstream raw rubber factory was stable, and the trading volume of new orders was very small. Some manufacturers have begun to decline openly and steadily for shipment. It is understood that the external quotation of mainstream raw rubber factories is still 64500-65000 yuan / ton, but the actual transaction price of raw rubber is 60000-62000 yuan / ton. The selling price of traders with inventory is more chaotic and low prices occur frequently.


In the face of the weak price of raw rubber, the bearish attitude in the rubber market has become more and more firm. On the one hand, we should pay close attention to the completion of high-priced orders in the early stage, and on the other hand, we should increase the efforts to sell goods, which has also led to more and more confusion in the quotation of rubber. It is understood that now the transaction price of rubber is 45000-50000 yuan / ton, including tax. There are even goods ordered by traders on Tuesday. They prefer to sell goods at a loss on Wednesday, It can be imagined how strong the panic mood in the rubber compound market is.


In the downstream silicon products market, not to mention that the decline in the price of raw materials has been their long-term wish. Therefore, in the market filled with bad mood, most manufacturers maintain a wait-and-see state and purchase compound according to the situation. The demand in the terminal market is still weak, and the delivery of compound is blocked. In the short term, when the market has shown an obvious decline, the subsequent quotations of mainstream monomer manufacturers will also fall one after another. Whether the history of last December will be repeated, we still need to pay close attention to the trend of metal silicon and the strength of downstream goods preparation.