Global Silicone Network News:
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Global Silicone Network News: Data shows that today's silicone market has gone up and down, and prices have fluctuated slightly. Zhejiang DMC 22500, Guangdong raw rubber 23500, the market is expected to usher in normalized profits. The profit model of silicon companies is also continuously optimized, and it is expected to gradually usher in normalized profits. At present, most companies have abundant cash, and the market value of most listed silicone companies is lower than their cash value, which is generally underestimated, and the valuation is expected to be restored to more than the net asset value.
The upstream DMC price increase is driven by the cost, while the downstream demand benefits from the resumption of work and production. Since June 6, the DMC contract has risen by 11%. Last week, the DMC spot price in some areas increased by more than 1,000 yuan per ton for the first time, an increase of about 3%.
As of June 13, the domestic spot price of raw rubber in Guangdong was about 23,000-23,500 yuan / ton, an increase of about 11% in June. The increase in raw rubber prices this time is mainly due to the increase in the price of DMC at the cost side, and the downstream demand has also improved. The export of raw rubber in June increased by 23% month-on-month.
421 Silicon block for organosilicon is one of the important raw materials for organosilicon, and the current price remains low at 17800-18300 yuan/ton. It was originally expected that with the release of production capacity in the second half of the year, the price of silicon block will be greatly stabilized, but with the steady growth of infrastructure investment growth in the second half of the year + the recovery of downstream global demand, the price of silicon block will remain stable and rebound more than expected. promote.