2.4 billion US dollars! Dow sells assets again! DMC sealing, hydrolysate report 12100! 107 glue, silicone oil low vibration!-Iota

Products

News

Office Address:	Sunmoon Science Park, 985 Xingzhong Road, High-Tech Zone, Bengbu, China
Factory Address:	Mohekou Industrial Park, Huaishang District, Bengbu, Anhui, China
Contact:	Nathan Zhang
Phone:	0086-552-19805521900
FAX:	0086-552-3822922
Mobile:	19805521900/18119733779
WebSite:	www.siliconeoil.cn www.siliconeoil.net
Email:
QQ:	729118868

News > Dynamic industry > 2.4 billion US dollars! Dow sells assets again! DMC sealing, hydrolysate report 12100! 107 glue, silicone oil low vibration!

2.4 billion US dollars! Dow sells assets again! DMC sealing, hydrolysate report 12100! 107 glue, silicone oil low vibration!

Entering Thursday, the current silicone market remains calm and composed. From the on-site perspective, the overall situation of DMC remains stable, with mainstream prices ranging from 12800 to 13500 yuan/ton. Some individual DMC factories in Shandong continue to close their deals and mainly sell D4 and hydrolysis products. Yesterday, the online auction price for hydrolysis products was 12100 yuan/ton. Due to the limited price drop of raw material metal silicon 421 #, mainstream individual factories' quotations continue to remain firm. However, as time approaches the end of the year, the organic silicon market will enter a critical "stocking period", and downstream companies have a strong image of waiting for a drop to replenish their positions. Individual factories still have some support to raise prices, and their willingness to make concessions is not high. The two sides are deadlocked. It is expected that by the end of December or early January, all parties will actively engage in operations, and the trend is expected to be clear whether it will rise or fall. In the short term, there is a strong wait-and-see sentiment in the market, and it is expected that organic silicon will continue to operate with weak fluctuations.
107 rubber market: This week, the 107 rubber and silicone oil markets are stabilizing, with mainstream prices ranging from 13200 to 13500 yuan/ton for 107 rubber and 14800 to 15500 yuan/ton for silicone oil. From the perspective of the market, the DMC supply side is currently maintaining a medium high level, and prices are firm. However, the 107 rubber and silicone oil factories are also affected by this and continue to operate at high loads, resulting in continued shipment pressure. On the demand side, although there are expectations of a rebound in the construction adhesive market, the real estate economy was still sluggish before the year. Therefore, silicone adhesive giants are also cautious about entering the market and stocking up, with low buying and hoarding sentiment. The main focus is on stabilizing and consolidating demand. In terms of foreign brand silicone oil: Due to the weakened trading atmosphere in the domestic silicone oil market and the difficulty in expressing optimism about export orders, traders are actively shipping and offering discounts frequently. Currently, the quotes of foreign brand silicone oil agents have dropped slightly to 17800-19000 yuan/ton. Overall, there has been an increase in downstream stock of essential goods, and new orders from 107 rubber and silicone oil companies are still being followed up. Moreover, the cost support for silicone oil is relatively stable. It is expected that the prices of 107 rubber and silicone oil will continue to stabilize in the short term, and prices may fluctuate with costs in the future.
Cracking material silicone oil market: Due to the lack of obvious highlights in the product and the almost no advantage in receiving orders, cracking material enterprises have very limited orders and often face losses in shipments. Therefore, in order to reduce unnecessary losses, small and medium-sized cracking material manufacturers have been on vacation recently, and market trading is in a semi delisted state. Currently, the price of cracking material silicone oil is 11600~12500 yuan/ton (excluding tax), mainly for individual orders. In terms of waste silicone gel, silicon product factories have stable orders, but with some expectations for the future market, rough edges are reluctant to sell. Downstream cracking material enterprises are under great business pressure and do not purchase much waste silicone gel. In the situation of supply-demand imbalance, waste silicone gel recyclers find it difficult to find a profit balance point, and are currently in a semi operating and semi holiday state. The rough edge quotation continues to be 4000-4300 yuan/ton (not ambiguous). Overall, the slow recovery of terminal demand has led to a stalemate in transactions for cracking materials and waste silicone gel. It is expected that there will be little change in the market by the end of the year, and the quotation will be adjusted according to market conditions after the holiday.
On the demand side: As the year-end approaches, downstream enterprises are mainly focused on recovering funds, and subsequent orders may lack continuity. However, in the atmosphere of rising prices, the stocking sentiment of silicone rubber enterprises is still acceptable. Industry insiders believe that the short-term memory rebound of metal silicon may lead to a moderate layout of stocking before the new year. However, the suppression of terminal demand still exists, coupled with the difficulty of high-temperature crops in winter, the real estate market is becoming increasingly stagnant, and the lack of upward momentum in the construction adhesive market has led to a general hoarding sentiment among silicone adhesive companies, which can be sustained by stocking up on essential needs. Overall, as time progresses, midstream and downstream enterprises may embark on the final round of layout, but the cost side is currently fluctuating significantly. We hope that upstream and downstream enterprises will remain vigilant, stock up appropriately, balance supply and demand as much as possible, and avoid potential excess risks in the future. In short, despite sluggish demand and fluctuations in downstream stocking, the road to destocking for individual factories before the New Year is still full of twists and turns.

分享到

Feedback to "Iota Silicone Oil (Anhui) Co., Ltd."