New stamens welcome spring with a warm and charming atmosphere, adding another year after the New Year. "Returning after the holiday and entering February, which is also the month of the revival of all things, have you already returned to your workstations? From the current market situation, the first wave of the new year's market has not yet begun, but "everything went smoothly last year, and everything is set to be satisfactory this year". The stable start has given most companies good market confidence, and during the Spring Festival period, most companies have been producing smoothly. It is expected that the post holiday stocking campaign will soon be put on the agenda.
Overall, the current trend of the silicone market is not yet clear, but the main manufacturers have sufficient orders. It is expected that in the short term, there will be strong confidence in the silicone market to maintain stable prices. Currently, the mainstream quotation for DMC is 12600~13500 yuan/ton.
107 rubber market: The price of DMC on the raw material side remains stable, and the prices of 107 rubber and silicone oil remain unchanged. This week, the price of 107 rubber is 13200-13500 yuan/ton, and the price of silicone oil is 14800-15500 yuan/ton. At present, after the holiday, the terminal consumer market continues to be sluggish, downstream silicone rubber companies are resuming work one after another, and the demand is average. Moreover, the current logistics recovery is limited, and the overall market transaction situation is relatively flat. At the beginning of the month, the follow-up situation for new orders was average, with 107 rubber and silicone oil companies mainly delivering pre-sale orders, and prices remaining firm. Foreign brand silicone oil: Trading conditions were good before the holiday, supporting prices to remain firm. Therefore, although there are not many transactions at present, they can still be supported in the short term. This week, foreign brand silicone oil agents quoted 17500-18500 yuan/ton.
Cracking material silicone oil market: Entering a new year, new materials are operating steadily, and cracking material companies are also reporting expectations for a good start. We will continue to observe and wait. Currently, the price of cracking material silicone oil is 12500-13500 yuan/ton (excluding tax), and it will maintain weak operation in the short term. In terms of waste silicone, the market layout of silicon product factories will slowly expand after the holiday, while cracking material enterprises will have a strong wait-and-see attitude. In the short term, it is still difficult to achieve a balance point in import and export prices. However, waste silicone recyclers have not been too affected and rely on pre holiday stocking to orderly accept orders, keeping prices stable. Currently, the rough edge quotation is 4000-4300 yuan/ton (excluding tax), and the short-term trading may remain unchanged, waiting for the first wave of market conditions to come before making layout.
On the demand side: Benefiting from the improvement of market expectations before the holiday, the real estate sector is gradually recovering, the market supply and demand relationship is improving, and the industry recovery signal is strengthening. Some industry insiders believe that although the recovery of the real estate industry will drive an increase in demand for building materials, there is still little room for growth in the actual consumption side under the impact of existing housing. After the year, the demand for construction adhesive may not recover quickly, and the silicone adhesive market may continue to fluctuate. In the short term, it is difficult for the demand side to bring qualitative improvement to the market after the holiday, and it is expected to maintain a slow recovery operation. Overall, the post holiday market trading has not fully recovered, but upstream and downstream enterprises have maintained high prices with sufficient pre-sale orders. It depends on how the market situation will start. From the current fundamentals, the overall economic situation is still not optimistic, the tariff storm is still advancing, and the road to the market returning to the right track is still long and arduous. In the short term, the market may maintain weak fluctuations and overall remain stable.