Language
Home » News » News » DMC three straight up! Is a new silicone rally about to begin?

DMC three straight up! Is a new silicone rally about to begin?

Views: 0     Author: Site Editor     Publish Time: 2022-02-14      Origin: Site

Inquire

facebook sharing button
twitter sharing button
line sharing button
wechat sharing button
linkedin sharing button
pinterest sharing button
whatsapp sharing button
sharethis sharing button

The opening was stable last Monday, and DMC quotation of individual monomer factory began to rise on Friday, rising 1000 yuan in just three days. Although it was a few days late, it was still not absent! At present, silicone manufacturers have started to return to the market, downstream orders will also increase, boost the industry's price confidence, DMC mainstream offer 31500~32000 yuan/ton, the mainstream monomer factory is still delivered before the pre-sale orders as the center, in the individual monomer factory took the lead in the rise, the mainstream manufacturers sealing limited sales operation and there are indications, and with the recovery of logistics, The stock of each single factory during the Spring Festival is transferred downward, so it can be seen that the price of DMC will continue to rise this week. However, new capacity is still hanging like a sword of Damocles in the silicone market, making the industry is always worried about the pull up, stock caution.


107 rubber market: last week 107 rubber market finishing, as of Friday, the market mainstream offer 31800-32000 yuan/ton. In terms of supply, single factories receive more orders before the holiday, 107 rubber inventory is not high, superimposed on the cost support formed by the price rise of DMC, the downstream starts to work one after another, buying sentiment after the holiday will start to fill the positions, stimulate the price of 107 rubber to rise steadily this week, the increase is expected to be 500-1000 yuan/ton.


From the demand side, after the downstream enterprises have stepped into the stage of construction, demand situation unclear, pv glue strong momentum of development, several mainstream companies last week stock up positive, although some manufacturers to return to work after the Lantern Festival, the northern end demand start still awaited, but in the DMC even higher, superposition march silicone rubber traditional peak season will come, to cover positions after press the speed button.


In general, the post-holiday demand is gradually expanding, DMC rises in succession. It is expected that the trend of 107 rubber will be stronger in the short term, and the market price will continue to be strong.


Silicone oil market: in the first week after the holiday, most downstream enterprises have just resumed operation, and silicone oil enterprises are also watching the price trend of DMC and offering prices cautiously to customers. With the continuous rise of INDIVIDUAL single factory DMC over the weekend, silicone oil trading picks up, and the current mainstream price of methyl silicone oil is 36,000-38,000 yuan/ton. On the supply side, domestic silicone oil manufacturers resumed normal production this week, but there were many pre-orders in February, most of which were arranged until the end of February. Some scattered spot orders then pushed up silicone oil prices. Foreign brand silicone oil: with the domestic rise, agents are reluctant to sell, and the price remains high. Methyl silicone oil is quoted at 43,000-46,000 yuan/ton.


On the demand side, due to the high level of imported silicone oil and limited production, domestic silicone oil prices still have a strong advantage, and export orders continue to be optimistic. At the same time, domestic downstream silica gel, textile, daily chemicals and so on have resumed work one after another. Some enterprises have insufficient stock before the holiday, but now they are encouraged by the buying atmosphere, and the demand for silicone oil grows steadily after the holiday. In the short term, domestic and foreign demand is resonating. Although some downstream manufacturers are still cautious about raising the price of raw materials, the orders of silicone oil manufacturers should not be defective, and the cost is on the rise. On the whole, the recent bullish atmosphere in the silicone oil market is strong, and the price is expected to be further pulled up. 40,000 is just around the corner!


Related Products

Get In Touch
  JINCHENG ROAD #438, XIAOSHAN DISTRICT, HANGZHOU, CHINA
   +86-18768156063
  +86-571-82309101

Product Links

Quick Links

Contact Us
Copyright 2023 © Copyright © 2022 Hangzhou Chungyo Chemicals Co., Ltd.