Global Organosilicon Network On July 5
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U.S. media news is expected biden announced this week to reduce tariffs on some Chinese imports, industry insiders said that this will bring stable growth in orders for silicon products, currently all kinds of high-end new products are using silicone leather proofing, silicone leather is expected to begin to break out soon. Zhejiang sample enterprise monitoring data shows: steady today! DMC, raw rubber, steady!
Silicone fell for more than three months in a row, the current price of silicone materials mostly stabilized. DMC prices fell to 19,000 yuan to 20,000 yuan per ton. The first half of the silicone downstream all kinds of product prices have fallen. Affected by the sluggish consumption of domestic and foreign industrial products, the overall growth rate of silicone demand in the first half of the year is not large, the price of raw rubber DMC continues to adjust, and the spot purchase in the first half of the year is slow.
In view of the recent rise in the price of organic silicon, some enterprises and downstream enterprises may reach a consensus, in-depth analysis of the supply and demand and price situation of the organic silicon market, research and judgment of the late price trend, and study to do a good job in the supply and price stability of the organic silicon market. Recent domestic silicone price rise, the main reason is the existence of irrational bottom fishing inventory phenomenon in the market, some circle of friends exaggerate the price atmosphere, in the short term intensified the concentrated replenishment of silicone inventory and spot selling sentiment; At present, the overall reasonable and abundant production capacity of organic silicon, coupled with low demand, the price of organic silicon does not have the basis for a sustained and substantial rise.
According to the industry, the recent financing environment in the middle and lower reaches of silicone continues to improve, the marginal warming of market transactions, liquidity tension is expected to ease, and the fundamentals of more silicone downstream enterprises are expected to be repaired in the second half of the year.
Domestic commodity futures: as of July 4 afternoon close, most closed down, iron ore down more than 5%, coking coal, ferrosilicon down more than 4%, coke, PVC, hot coil, soda, rebar down more than 3%, urea, Shanghai silver, palm, Shanghai nickel down more than 2%; Pigs rose more than 7%, liquefied gas, thermal coal, apples rose more than 3%.