Bottom Bounce! Suddenly queued for price increases after a 20% plunge, and the need for replenishment just above the inflection point was still swarming in
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After a continuous decline, the domestic silicone market bottomed out in December and the atmosphere picked up, and the silicone DMC market began to pick up. As of last weekend, the average price of the silicone DMC market in several mainstream regions was 17,333 yuan / ton, compared with the beginning of this month, it has increased by about 530 yuan / ton, an increase of 3.17%. Individual manufacturers have continuously raised the increase by 1400 yuan. The current mainstream quotation of silicone DMC is around 17200-18000 yuan / ton, and the order quantity has picked up compared with November. As downstream replenishment has just increased, the spot inventory of some manufacturers is tight.
Luxi Chemical's organic silicon DMC offer was raised once again by 400 yuan / ton, and 17,400 yuan / ton of cash was delivered to the price.
The industry analysis shows that at the end of November, the overall atmosphere of the organic silicon market has picked up. Orders have just increased. The situation of inquiries from downstream manufacturers and distributors has also improved. Some companies are preparing for stocking in December. The pressure of low prices makes silicone DMC manufacturers want to move up. With the increase of replenishment in the downstream, the spot inventory of individual manufacturers is tight, which gives the subsequent organic silicon DMC a good room for continued deposit growth.
For related companies, according to the theme ’s silicone section,
Hesheng Silicon Industry: China's leading companies in the industrial silicon and organic silicon industry are the most complete business chains in China's silicon-based new materials industry, and are one of the few companies in the industry that can simultaneously produce industrial silicon, organic silicon and polysilicon, thereby forming synergistic effects one.
Xin'an Co., Ltd .: China's second largest organic silicon monomer production enterprise, with an organic silicon monomer equity production capacity of 290,000 tons / year, and will expand by 50,000 tons by the end of 19th. The company has formed four series of products including silicone rubber, silicone oil, silicone resin and silane coupling agent, and has become an organic silicon enterprise with the advantages of the entire industrial chain.
Xingfa Group: The subsidiary Xingrui has a production capacity of 160,000 tons of silicone. The company's silicones are mainly intermediate products and are mainly sold directly to downstream manufacturers.
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