DMC has risen again! Shandong's major factories have closed down after two price increases!-Iota

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News > Dynamic industry > DMC has risen again! Shandong's major factories have closed down after two price increases!

DMC has risen again! Shandong's major factories have closed down after two price increases!

Market Overview: Last week, DMC prices remained stable overall, with narrow adjustments in some areas; The price of silicon metal continues to decline, while the price of chloromethane fluctuates narrowly, with no improvement in cost support. The DMC quotation of Shandong's major individual factories has been raised twice this week, rising to 13400 yuan/ton on Saturday and not reported on Sunday. Individual factories collectively raise prices, and the situation of DMC having a price but no market is becoming apparent. The current mainstream DMC quotation is 13400-13900 yuan/ton.
Last week, raw material prices remained stable, cost support did not change, and there was no significant improvement in downstream demand. The prices of raw rubber, 107 rubber, silicone oil, and mixed rubber remained stable overall, with local increases. Raw material DMC is expected to remain stable, and there is little expectation of improvement in terminal demand. Downstream sentiment is cautious, and the amount of replenishment is limited. It is expected that the silicone market will maintain stable operation in the short term.
Market Overview: Last week, the Chinese gas-phase silica market operated smoothly, with no change in the average market price. Under the situation of strong supply and weak demand, the market continues to decline, and the price of silicon tetrachloride remains low.
Last week, the spot supply of gas-phase silica was stable, with little inventory pressure. Downstream enterprises still maintained their demand for purchasing, with limited trading volume and continued to be weak. In the short term, the market for methyl trichlorosilane and silicon tetrachloride is operating at a low level, with weak cost support; The terminal demand continues to be weak, with no signs of improvement, and it is expected that the gas-phase silica market will operate steadily.
CCTV News: Driven by the policy of large-scale equipment updates, investment in technological transformation in the manufacturing industry increased by 10.9% from January to July, continuing to maintain double-digit growth, which is 7.3 percentage points faster than total investment; The energy utilization efficiency in the industrial sector continues to improve, and the energy consumption per unit of GDP in China has further decreased, accelerating the promotion of green and low-carbon development.
21st Century Economic Report: In June, China's holdings of US treasury bond increased by $11.9 billion month on month, the largest monthly increase since December last year. This brought the total size of US treasury bond held by China back to an integer of US $780 billion, reaching US $780.2 billion.
The Ministry of Commerce and seven other departments have further clarified that the latest subsidy standard for car trade in has been raised to 15000 yuan or 20000 yuan. At the same time, central funding support has been further increased - the subsidy funds for car scrapping and renewal will be shared by the central and local governments according to the overall 9:1 principle, and specific sharing ratios will be determined by region.
Shanghai Stock Exchange News: In recent years, cross-border e-commerce has developed rapidly, becoming a new form of trade and a new driving force. By the end of 2023, the import and export scale of cross-border e-commerce in China will reach 2.38 trillion yuan, an increase of 1.2 times compared to 1.06 trillion yuan five years ago.

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