Ten consecutive rise! DMC silicone oil ‘leading burst single’ ! Industry: replenishment of inventory ‘time has come’, 23 September DMC, 107 rubber, raw rubber, silicone oil mainstream offers-Iota

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News > Dynamic industry > Ten consecutive rise! DMC silicone oil ‘leading burst single’ ! Industry: replenishment of inventory ‘time has come’, 23 September DMC, 107 rubber, raw rubber, silicone oil mainstream offers

Ten consecutive rise! DMC silicone oil ‘leading burst single’ ! Industry: replenishment of inventory ‘time has come’, 23 September DMC, 107 rubber, raw rubber, silicone oil mainstream offers

Global Silicone Network, September 23: Starting in August, the leading pull up, heralding the industry price war era temporarily ‘curtain’, which is the market's general expectations. As of now, the industry price operation has been settled. The golden nine market, the head of the enterprise decided to price target range to 5% -10% range. 4-July price wars are frequent, the market for replenishment of inventory operation of the higher the divergence, the downstream rarely appeared in this indecisive situation. Now it seems to fulfil the letter of Vietnam, Dow, Aiken, Xinan, Hesheng, Xingfa, Dongyue and other signals released in August, replenishment of inventory, ‘the time has come’.

As of September 20, domestic DMC spot mainstream reported 13,700-14,200 yuan / tonne, raw rubber mainstream spot reported 15,000-15,300 yuan / tonne, 107 rubber mainstream offer 14,000-14,500 yuan / tonne, the mainstream silicone oil reported 15200-17,000 yuan / tonne. 421 # metal silicon reported 12,500 ~ 13,100 yuan / tonne, monochloromethane reported 2150 -421#Silicon metal was quoted at 12500~13100 yuan/tonne, ICH was quoted at 2150 yuan/2300 yuan/tonne, and most of the enterprises kept the price up to schedule production, which is expected to boost the demand for replenishment for a short time. Standing at the current point of view, the long-term trend of silicone is expected to continue to strengthen. In addition to silicone released its industrial MSG properties, but also ‘AI rise’ wave of one of the beneficiaries, domestic silicone is expected to accelerate the iterative process, is continuing to open up the commercial space, may continue to silicone technological innovation to form support. Market participants in the industry believe that the possibility of continued mild upward movement of silicone during the year is very high.

Large downstream players support headline companies to take greater action on this market cycle. They point out: since March 2023, the silicone market has become weak, so there are parts of the product price needs to be recalibrated. We got more information. The headline companies need to make this cut in production to support prices and be ready for further action. However, some market participants are cautious about the possibility of a 5-10 per cent increase, with more cautious market participants arguing that a 5 per cent increase would be more conducive to cushioning demand release. Therefore, in the industry's view, the call for a 10% increase, more of a market expectation, or for the ‘stop loss’ to find a reasonable game reason. Looking around the whole industry chain, in addition to the traditional homogeneous products still exist in the possibility of price reductions, almost mainstream import substitution of differentiated products are in the upward channel. Industry technological innovation to polish the product cycle is coming again, and I am afraid that the players who expect to gain revenue through scale expansion will have to face greater uncertainty.

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