Silicone market information —- The weakening demand has caused the silicone market to continue to be weak, but the price drop is limited!

The silicone market continued to be weak last week, with prices of various products declining to varying degrees, and the market gradually returning to rationality. However, last week Shin-Etsu Group issued a price increase notice. Starting from January 2018, the prices of all Shin-Etsu Group’s silicone products have increased by 10% to 20%, causing panic among personnel in domestic silicone downstream companies. So, will the market, which has just returned to rationality, reverse again?

We might as well take a look at the current silicone market conditions first.

Currently, The overall operating rate of silicone enterprise equipment is not low: Dongyue has restarted operation, Luxi and Jinling About 80% of the work has been started; Xin’an Chemical’s Maitu unit has started trial operation, Zhejiang Hesheng is operating normally; Hubei Xingfa has started and stopped, and Inner Mongolia Hengyecheng has started about 70% of the work. Therefore, the market supply is safe!

In terms of specific silicone products:

DMC prices continue to decline, with a range of around 500 yuan/ton, and corporate quotations are mostly between 29,000-30,500 yuan/ton. .

107 glue price Due to the increase in market supply and the lackluster downstream demand, the offer price is stable and partially downward. The market The quotations are mostly 29,500-30,500 yuan/ton, and Dow Corning traders quote 31,000-33,000 yuan/ton (self-pickup).

The price of upstream DMC dropped, and the cost support for raw rubber weakened, and the price went lower. The raw rubber market was scattered at 29,500. -30,500 yuan/ton; the mainstream market price of conventional hardness silicone rubber compound is 26,000-27,000 yuan/ton.

The domestic methyl silicone oil market operation level has gradually recovered, but more early orders have been delivered, and the overall quotation of methyl silicone oil is at 33,000 The actual transaction price will drop by about 1,000 yuan/ton. Domestic silicone oil prices fell slightly last week, but prices for imported silicone oil shipments from Dow Corning, Momentive, Wacker and others remained high during the week.