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Silicone weekly review 04.23 - Silicone weak shock due to insufficient demand

Hits: 3895172 2020-04-23

This week, the overall price of silicone remained stable, with some shocks in some parts. After several price adjustments, the price of Luxi Chemical Co., Ltd. was adjusted to 14000 yuan / ton on Thursday, and Xinan Chemical Co., Ltd. was adjusted to 15000 yuan / ton. The main negotiation range of the market is 14300-15000 yuan / ton. The downstream 107 rubber and raw rubber quotation also fluctuated and weakened. The 107 rubber market quotation was down to 15600-16500 yuan / ton, and the raw rubber market quotation was 16300-17000 yuan / ton. There is also a certain reduction in the negotiation range. As of Thursday, the price of domestic methyl silicone oil manufacturers is 17500-19500 yuan / ton, and the price of imported silicone oil is 18500-19000 yuan / ton. Collect and quote the price of the conventional hardness mixer, and the price is 15500 yuan / ton. All products are negotiated around the bottom line of quotation. Last week, in order to stimulate the delivery of some monomer manufacturers, the low-end products once fell below 14000 yuan / ton, and some downstream companies have appropriate warehouse building and replenishment behaviors. The atmosphere of receiving orders from some monomer manufacturers improved and rebounded this week. But after the game, the market price fell back to 14000 yuan / ton. At present, the main reasons for low-level shocks are: 1. In the face of price competition pressure in the market downturn, enterprises reduce production costs by increasing production capacity release, and there is no long-term maintenance plan recently. The overall high-level construction further leads to the continuous imbalance of supply and demand in the domestic market. 2. Silicone rubber products and high-temperature rubber products are not well shipped due to export restrictions. 107 rubber manufacturers mainly focus on orders in the early stage of production scheduling, and the downstream terminal continues to lack of replenishment capacity, so the overall demand for silicone is difficult to fully recover. 3. Recently, the raw material industry silicon had a drop of 200 yuan / ton (about 50 yuan / ton this week) and the position of methanol price reduced the overall price support of silicon. Due to the stagnation of the foreign market of silica gel and silica gel products, and the large increase of curing agent in the near future, the subsequent kick-off meeting of domestic downstream terminals was affected, which had a great impact on DMC, 107 rubber and raw rubber. In terms of raw materials, the methanol market is weak and volatile, and the methanol price in the central and northern part of Shandong Province is about 1640-1750 yuan / ton. Recently, with the decline of economic situation and silicone market, industrial silicon has also been greatly reduced. The quotation of industrial silicon 421 in Tianjin port is 12000-12200 yuan / ton. This week, single enterprise construction is still high. Two sets of Xinghuo in Jiangxi Province are in full operation, with an average of 80%; two sets of Dongyue in Shandong Province are in operation, with an average of 70%; Xingfa in Hubei Province is resuming construction, with two sets in three; Sanyou in Tangshan is in operation this week, with a second period planned next week; Hengye in Inner Mongolia is in operation 70%; Zhongtian in Zhejiang Province is in operation; Xin'an, Luxi Chemical and Jinling in Shandong Province are in normal operation. Xie genchen, silicon branch 17710170719 welcome to feedback

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