A week has passed in a blink of an eye, and the path of price exploration for individual factories is still moving forward. At present, there is a rising trend in the entire silicone market, and each individual factory plans to take turns in maintenance to show their determination to support prices. They have successfully stimulated a wave of new orders and significantly alleviated inventory pressure. However, the willingness to continue chasing higher prices in the middle and lower reaches is relatively low. Next week, the market may focus on digesting the current round of gains and maintaining stable operation. At present, although the price increase this time is not driven by demand, upstream enterprises have formed a consensus on profit return and reached a "self-discipline production reduction", hoping to stabilize supply and demand balance by reducing operating rates and promote market pattern optimization. In the short term, DMC prices remain at 13400-13800 yuan/ton, with transactions mainly focused on small orders for essential needs. Cost side: On the supply side, production is mainly concentrated in the north, with major factories resuming production one after another. Recently, some silicon factories have added new production capacity, and it is expected that the expectation of loose supply will be difficult to change in the short term. On the demand side, polycrystalline silicon maintains low load operation, while organic silicon monomer units show a downward trend. Overall, it is difficult to clear industrial silicon inventory. Although the market is slightly affected by the upper level "anti internalization", the weak demand side is difficult to support the rebound of silicon prices. The market quotation for 421 # chemical grade metal silicon is between 11300-12000 yuan/ton.

The market for precipitated white carbon black: On the raw material side, some sulfuric acid plants have experienced a decline in production, and the shortage of sulfuric acid supply is gradually becoming apparent. It is expected that prices will rise; In terms of soda ash, the recovery of downstream demand is still slow, and market fluctuations are limited. Currently, light alkali and heavy alkali are maintained at 1050-1750 yuan/ton, operating steadily. The cost is stabilizing, and this week the price of precipitated white carbon black for silicone rubber remains at 6300-7000 yuan/ton. In terms of orders, with the strong upward trend of raw rubber, downstream rubber mixing enterprises have slightly boosted their stocking sentiment, and have also made certain purchases of precipitated white carbon black. However, due to the relatively abundant inventory status, the continuous stocking power of rubber mixing enterprises is limited. After a wave of restocking after the holiday, it will be determined based on the order situation, and the purchase of precipitated white carbon black will continue to be mainly for immediate needs. In the short term, the market for precipitated white carbon black shows a weak equilibrium state, and it is expected that the market will continue to consolidate.
Gas phase white carbon black market: On the raw material side, the recent performance of the first tier market is still strong. With the recovery of demand, the price in Shandong region has slightly increased to 1500 yuan/ton, supported by stable costs. Coupled with the strong price increase atmosphere in the organic silicon market, gas phase white carbon black manufacturers have confidence in raising prices. Currently, the high-end price of 200% gas phase white carbon black is 25000-28000 yuan/ton, and the low-end price is 18000-19500 yuan/ton. From the on-site perspective, due to the large number of pre-sale orders from gas silicon manufacturers and the support of core customer orders from small and medium-sized manufacturers, they are actively delivering the pre-sale orders in the early stage, and downstream construction requires a moderate amount of replenishment. The follow-up of new orders is still acceptable. In the short term, the market for gas-phase white carbon black maintains a stable to strong operation. Overall, upstream individual factories are expected to experience a decline in production, while downstream manufacturers are gradually increasing their production. The supply-demand relationship is relatively stable, and market trading is expected to receive positive feedback. However, the self regulatory production reduction in the upstream and the return of market confidence in the downstream still need time to ferment. Therefore, in the short term, after the organic silicon market price bottomed out and rebounded by nearly 1000 yuan/ton, the momentum for further upward exploration is limited.