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Organic silicon weekly review 03.26 - price falling below cost line downstream copy and build warehouse

Hits: 3890622 2020-03-26

This week, the overall price of silicone approached or even fell below the cost line after two or three times of reduction, and the downstream began to copy the bottom and build a warehouse. The price of DMC fell all the way. After two price adjustments to 14700 yuan / ton, the price of Inner Mongolia hengyecheng was reduced to 16500 yuan / ton, and Xin'an chemical was adjusted to 15200 yuan / ton. The main negotiation range of the market is 15000-15300 yuan / ton. The quotation of 107 rubber and raw rubber in the downstream also decreased to a large extent. The market quotation of 107 rubber was down to 16000-16500 yuan / ton, and the market quotation of raw rubber was 16800-17500 yuan / ton. As of Thursday, domestic methyl silicone oil manufacturers have quoted 18000-21500 yuan / ton, and the price of imported silicone oil is 21000-22000 yuan / ton. The price of conventional hardness mixer is 15800-17500 yuan / ton. Recently, the market price of organosilicon has been comprehensively explored, mainly because: 1. The outbreak of foreign epidemic situation led to the shutdown of overseas downstream enterprises, and at the same time affected the export of domestic downstream end products on a large scale, which had a great impact on the demand of organosilicon market. 2. Xingfa, Sanyou, Dongyue and other enterprises have resumed construction, and the supply of individual products in the domestic market has increased, which is bound to increase the bidding among manufacturers. 3. As the pessimistic aftermarket expectation brought by the foreign epidemic situation drives the downstream enterprises to wait and see, the single manufacturer makes profits to ship. At present, as the price has approached or even fallen below the cost line of some enterprises, it is expected that the future market price will fluctuate and adjust with the negative production of some enterprises. However, the unexpected severity of the international epidemic led to the postponement and weakening of the growth of demand outbreak. In the future, prices are expected to pick up in the shock, but the range is limited. In terms of raw materials, the downstream of methanol market is mainly rigid demand procurement, and the market price has been reduced to some extent. The methanol price in the central and northern part of Shandong Province is about 1760 yuan / ton. The quotation of industrial silicon 421 in Tianjin port is 12900-13100 yuan / ton. This week, the start-up of individual enterprises has increased. Jiangxi Xinghuo has opened two sets, with an average of 60%; Shandong Dongyue has opened two sets, with an average of 70%; Hubei Xingfa has resumed construction, with one set now, expected to open by the end of the month; Shandong Jinling has started operation this week, with normal shipments starting on Thursday; Tangshan Sanyou has opened two sets this week; Inner Mongolia Hengye has opened 60%; Zhejiang Zhongtian, Zhejiang Xin'an, Luxi Chemical Zhejiang Hesheng, normal construction. It is expected that the construction in the future will be reduced with the fluctuation of market price. Xie genchen, silicon branch 17710170719
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