DMC and raw rubber are difficult to create ripples! Giants speak up! There is still uncertainty in the future organic silicon market!-Iota

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News > Dynamic industry > DMC and raw rubber are difficult to create ripples! Giants speak up! There is still uncertainty in the future organic silicon market!

DMC and raw rubber are difficult to create ripples! Giants speak up! There is still uncertainty in the future organic silicon market!

Stay tuned! At present, the trend of leading individual factories is unclear, and the price of raw material silicon has not increased. However, some individual factories are already eager to explore price increases. With the support of pre-sale orders, the market price has rebounded to 12600~12700 yuan/ton, in order to test downstream bottom buying sentiment. Recently, there has been a slight increase in the stock of essential goods. However, for midstream and downstream enterprises, the slight fluctuations in costs have not had a significant impact, and the reduction in industrial silicon production does not mean a reduction in DMC supply. In the short term, DMC production capacity is still relatively high, so midstream and downstream enterprises that are suppressed by terminals still retain the possibility of being bearish on DMC. On December 3rd, Dongyue Silicon Materials stated on the interactive platform that according to public data queries, the market price of organic silicon DMC has continued to decline since the fourth quarter and has maintained a low level of operation. Due to multiple factors such as the addition of new production capacity in the industry and insufficient downstream demand, the future market for organic silicon still faces significant uncertainty. In short, in the case of slow demand recovery, small price fluctuations are difficult to splash water in the market. Currently, both buyers and sellers are still observing the future market, and the market may continue to operate steadily in the short term.
This week, the mainstream quotation for raw rubber remained stable at 14000~14500 yuan/ton. At present, due to the stable prices of raw materials and the lack of further price adjustments by leading individual factories for raw rubber quotations, most raw rubber enterprises are synchronously stabilizing their shipments. However, most rubber mixing enterprises have sufficient inventory and weak willingness to stock up. Currently, holding positions is mainly a wait-and-see approach. Supported by pre-sale orders in the early stage, the raw rubber enterprises have a strong upward trend in price, and some downstream rubber mixing enterprises also have urgent procurement needs. The continuity of raw rubber orders is still acceptable. Overall, the current stable price operation of raw rubber enterprises is likely to be guided by leading factories in future operations.
This week, the mainstream quotation for raw rubber remained stable at 14000~14500 yuan/ton. At present, due to the stable prices of raw materials and the lack of further price adjustments by leading individual factories for raw rubber quotations, most raw rubber enterprises are synchronously stabilizing their shipments. However, most rubber mixing enterprises have sufficient inventory and weak willingness to stock up. Currently, holding positions is mainly a wait-and-see approach. Supported by pre-sale orders in the early stage, the raw rubber enterprises have a strong upward trend in price, and some downstream rubber mixing enterprises also have urgent procurement needs. The continuity of raw rubber orders is still acceptable. Overall, the current stable price operation of raw rubber enterprises is likely to be guided by leading factories in future operations.
In terms of demand, as we enter December, silicon product companies still face difficulties in receiving orders. After all, the end of year end consumer market has become increasingly sluggish, and with the contraction of demand, silicon product companies have not purchased much rubber compound, mainly digesting orders. And at the end of the year, silicon product companies face significant financial pressure, making them increasingly cautious in accepting orders. They need to control the relationship between costs and profits in both incoming and outgoing goods. Overall, as time progresses, 2024 will also come to an end. In the last month, upstream and downstream enterprises are increasingly seizing the opportunity to carry out the final round of layout. However, individual factories are unwilling to sell at a loss, and downstream enterprises are wavering between bullish and bearish. The market trading atmosphere is relatively stagnant, and the year-end stocking node has not yet arrived. Everyone still needs to guard the last shift. In short, there are some signs of a rebound in the market at present, but it cannot truly reverse the supply-demand pattern, and the market may continue to experience weak fluctuations in the future.

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