Whole line increase! Yesterday, the leading company launched its second wave of post holiday gains, with DMC, 107 rubber, raw rubber, and silicone oil rising by 500 yuan simultaneously. DMC's price even went straight to 14300 yuan/ton, and raw rubber returned to the 15000 mark! February has already seen a cumulative increase of over 1000! Some individual factories in Shandong saw a slight increase of 200 yuan, with DMC reporting 13200 yuan/ton (excluding shipping costs). Other individual factories followed the lead and the DMC market quotation was raised to 14000 yuan/ton. From a price perspective, the new sales strategy of individual factories in Shandong has obvious advantages in certain regions, which has an impact on the high priced DMC transactions of other individual factories. Therefore, after yesterday's sharp rise across the board, individual factories have differentiated
their orders, and the middle and lower reaches are not quite adapted to the current regional price difference. They are observing while negotiating with individual manufacturers. Overall, although individual factories have clearly defined the market strategy of "reducing production to maintain prices - reducing losses and increasing prices", and their determination to raise prices is also evident in the industry, local low prices have suppressed the confidence of middle and lower reaches to chase price increases, and the atmosphere for new orders is relatively weak. If the demand continues to grow significantly in the future, the price increase of silicone adhesive will gradually be implemented, and there will still be multiple factors in the short term.
Cost side: On the supply side, there has been little change in production in the northern region, while production in the southwestern region has been reduced. The overall pattern of production is high in the north and low in the south, and the supply side remains loose. In terms of demand, the operation of polycrystalline silicon plants is relatively stable, mainly relying on the consumption of existing raw materials and purchasing industrial silicon as needed; Organic silicon manufacturers have recently maintained maintenance, resulting in a decrease in demand for industrial silicon. Overall, the industrial silicon market continues to be sluggish, with supply exceeding demand. Futures and spot prices remain volatile and weak. Yesterday, the closing price of the main futures contract Si2505 was 10490 yuan/ton, and the spot price of 421 # metal silicon was 11050-12450 yuan/ton, with a partial drop of 200 yuan.