Suddenly, the stock of raw rubber has risen? Mr. Wu: The overseas warehouse for silicon products has arrived-Iota

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News > Dynamic industry > Suddenly, the stock of raw rubber has risen? Mr. Wu: The overseas warehouse for silicon products has arrived

Suddenly, the stock of raw rubber has risen? Mr. Wu: The overseas warehouse for silicon products has arrived

Global Organosilicon Network, May 28th News: Recently, the State Council of the People's Republic of China passed the latest review and approval of the "Opinions on Expanding Cross border E-commerce Exports and Promoting Overseas Warehouse Construction". Mr. Wu believes that this is the first time that the construction of overseas warehouses has been emphasized, and silicon products, as the largest export product of organosilicon, are about to enter overseas warehouses Monitoring data shows that on May 27th, individual grades of raw rubber in stock increased by 50-100 yuan, with the highest price reported at 14850 yuan/ton, The average price of DMC is based on 13550 yuan/ton and remains stable. Luxi Net reports 13300 yuan/ton, Xinjiang Factory Net reports 13900 yuan/ton, Zhejiang Factory Net reports 13600 yuan/ton, Hebei Factory Net reports 13500 yuan/ton, and Jiangxi Factory Net reports 14000 yuan/ton. The spot market has remained stable with minor fluctuations, with mainstream offers ranging from 13300 to 13900 yuan/ton. The Xinjiang factory has stable offers, sufficient orders, and downstream demand side is mostly followed up on demand, with actual market orders being negotiated.
After more than a year of fierce internal competition, the high-temperature rubber production capacity exceeded 1.8 million tons/year in 2023. Starting from May this year, major raw rubber factories finally fell into the old routine of exchanging prices for the market. In early April, the leading raw rubber company announced a price reduction for raw rubber, which has been falling again and again. Currently, it is priced at 14300 yuan, a year-on-year decrease of 24%. Looking ahead to the future, as the end of the month approaches, the current demand for raw rubber is slowing down and the supply is relatively loose. It is not ruled out that there may be slight fluctuations in short-term prices due to supply disturbances. However, the industry's supply and demand pattern has not yet reversed, so it is not advisable to easily buy at the bottom.
The first quarter of silicon products showed a clear characteristic of not being weak in the off-season, with the core lies in the recovery of overseas demand and the cultivation of internal skills by major silicon product manufacturers, and the continuous optimization of various types of silicon product structures. It is reported that the growth rate of silicon product orders is mainly in the fields of precision silicone rubber parts for automobiles/new energy vehicles, precision silicone rubber parts for medical devices, medical consumables silicone products, mother and child silicone products, daily necessities gifts, and waterproof sealing parts for wearing. However, orders for traditional silicone buttons, extruded products, and other silicon products have significantly decreased. Looking ahead, electronic appliances, consumer goods, automotive industry, medical equipment and other fields are expected to become new driving forces for the growth of the raw rubber industry. At the same time, with the continuous improvement of the production capacity of raw rubber and mixed rubber, the usage of silicon products in factories is expected to continue to increase.

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