Comprehensive profit 500-1000! In the week before the festival, did the silicone decline steadily and slowly, or did the bidding stimulate orders?

Last week, the silicone market seemed to have started a two-way battle. The monomer factories showed their magical powers, and the market structure was a little messy. First, the Shandong monomer factory, which was the price indicator, repeatedly rose in price, with a cumulative rebound of 800 yuan / ton; It is the high price correction of the leading monomer factory, which has plummeted by 1000; one rise and one fall, the DMC price difference of each manufacturer has narrowed!

The "May 1st" holiday is about to be ushered in. After repeated tugs in the past two weeks, it also showed a clear downward trend this week. The Shandong monomer factory, which did not take the usual path, also began to decline yesterday. The DMC price was 27,500 yuan / ton. The quotation of the leading monomer factory is 28,500 yuan / ton, but the real transaction has a profit of 500-1000 yuan. Under the weakening of the overall price, the downstream is all on the sidelines and waiting to fall. There is a demand for replenishment before the holiday, but they are considering when and what price to enter the market with less risk. This week is the last week before the holiday. Is it a steady and slow decline, or is it cooperating with downstream pre-holiday stocking and bidding to stimulate orders?

107 rubber market: The domestic 107 rubber market continued to decline last week. As of April 24, the 107 rubber market price range was 27,500-28,500 yuan / ton, with a weekly decline of 4.27%. On the one hand, the raw material DMC has fallen across the board, the leading monomer factory 107 glue is still upside down, and the market support has weakened. At present, the supply side is abundant, and some manufacturers say that the inventory pressure is acceptable. However, the severe domestic epidemic in April has dragged down demand prospects and market confidence, and superimposed logistics has been hindered. In fact, some manufacturers' inventory is still on the way. Therefore, overall, the supply of 107 rubber The pressure is too high, and it may be imperative to make a profit transaction!

From the perspective of demand, the National Energy Administration released the national power industry statistics from January to March. As of the end of March, the country's newly installed photovoltaic capacity was 13.2GW, a year-on-year increase of 148%, and the demand for photovoltaic glue is still rising steadily. In April, the epidemic counterattacked, and the outdoor construction rate fell in various regions, which affected both construction and photovoltaic installations. The shipments of silicone rubber manufacturers were lower than expected, and the demand was obviously weak.

At present, the end of the month is the stocking node for large silicone rubber manufacturers. There is still a certain rigid demand for 107 rubber, but the current price is not enough to stimulate the downstream large-scale stocking, and the market is still in a wait-and-see mood. It is not ruled out that various manufacturers are fighting against each other, and the transaction price of 107 rubber continues to focus on the downward trend.

Silicone oil market: Last week, the domestic silicone oil quotation was lowered by 500-1000 yuan / ton, the transaction was average, and the pressure on shipments increased. First of all, in terms of cost, the DMC market fell as a whole, and the support for silicone oil was weak. Secondly, in terms of supply, since April, various silicone oil companies have mainly focused on bulk orders and small orders. Due to the slow logistics and transportation, some orders that have been received are also faced with delayed delivery and are forced to accumulate warehouses.

Foreign brand silicone oil: The Zhangjiagang plant has been restarted, but the port unloading is still relatively slow at present, the supply of goods in the hands of the agents is tight, and foreign energy sources have skyrocketed. space. As of April 24, foreign-funded methyl silicone oil offers a wide range of 38,000-42,000 yuan / ton.

On the demand side, recently, following the improvement of the South China market, the East China market, which was strictly controlled by the epidemic in the early stage, has gradually been liberalized. Ports such as Ningbo have begun to unload goods, and the pressure on the circulation link has eased. Some textile factories in Jiangsu and Zhejiang have resumed operations one after another. , but it will take some time for orders to pick up, and the volume of silicone oil has not been effectively released. In the export market, after the port returns to normal, the export of domestic silicone oil still has a strong advantage. In the short-term decline, the demand for silicone oil will be suppressed, but after the festival, the demand for silicone oil is expected to increase.

Cracking material market: The new material market fell as a whole, and waste silica recyclers cut their quotations to 11,000-11,500 yuan / ton. Although cracking material companies have no room for decline, in order to knock on the door of downstream demand, cracking material manufacturers eager to place orders for many days It is inevitable to fall into the bidding storm. At present, the mainstream price of cracking material DMC is 24,000~25,000 yuan / ton, a decrease of about 1,000 yuan / ton compared with last week. Even if it is calculated with the cost of waste silica gel after the price drop, the cracking material still faces losses. Under this pattern, some cracking material plants with a certain amount of inventory have suspended production, waiting for the next wave of new materials to come and then quote and sell. It is expected that the transaction of waste silica gel before the holiday will be sluggish, and the price is expected to continue to fall.

Raw rubber market: Last week, domestic raw rubber factories fell sharply by 1,000 yuan. As of April 24, the mainstream price of raw rubber was 29,000-29,500 yuan / ton, a weekly decline of 3.31%. Since the price is still higher than the rubber compounder's expectation, and the last round of low-priced supply market has not been digested, not only traders are actively cashing out, but some rubber compounding plants are also actively selling raw rubber, and the price is generally lower than the manufacturer's 500-1000 The price of RMB/ton is still in time, so the raw rubber factory still has a large transaction resistance after the downward adjustment last week.

Compounded rubber market: The center of gravity of compounded rubber prices continued to move downward last week. As of April 24, the price of compounded rubber was 23,500-24,500 yuan / ton, a weekly decline of 1.03%. Although the leading raw rubber factory fell by 1,000 yuan / ton, it is still difficult to change the situation of mixed rubber upside down. The current compounding rubber enterprises continue to compete with upstream and downstream companies, contradicting raw rubber purchases upwards, transmitting pressure on shipments, and the attitude of negotiating prices for silicon products has not eased downwards.

At present, due to the loss of sales of compounded rubber, some manufacturers simply reduce production and resell the raw rubber in stock. On the one hand, the low-cost raw rubber prepared in the early stage can still make some profits; The round of decline is about to start again. In order to avoid more losses, the rubber compounding plant can only actively reduce profits and withdraw funds to prepare for the next round of new market.

On the whole, the leading monomer factories continue to expand the market with low-price strategies, and the mixed rubber is obviously passive, facing the rise of raw rubber at any time but the mixed rubber does not rise. Therefore, if the raw rubber falls further this week, some of the mixed rubber will still be Will take the risk to enter the stocking.