Silicone Market Trends

Organic silicone market prices continued to run smoothly last week. Enterprises had sufficient orders in October, with most of them placing early orders and receiving new orders. The number of orders has increased. Due to Blue Star’s limited production and low-load operation last week, the overall supply of silicone companies was still low. It is reported that Blue Star plans to resume normal operations in the near future. In addition, Xin’an, Xingfa and other silicon companies are about to start operations. However, Dongyue, Shandong, Zhejiang Zhongtian has a half-month maintenance plan at the end of the month. With the arrival of the off-season, downstream demand has also weakened, which is good for the market. Due to the coexistence of factors, it is expected that silicone monomer manufacturers will operate stably in the short term, but the overall market will show a downward trend.

Shandong region: Two units in Dongyue, Shandong are fully operational, with about 70% of construction started; about 80% of construction in western Shandong and Luxi; Shandong Jinling operates smoothly.

Jiangsu and Zhejiang regions: Zhejiang Xin’an Chemical is currently shut down and merging; Zhejiang Hesheng is operating normally; Hubei Xingfa technical transformation plan During the implementation, the equipment is mainly inspected in turns, with one on and off at the moment.

Other areas: Jiangxi Lanxinghuo is operating at low load, with about 30% of the work started; two sets of Tangshan Sanyou devices are fully operational, About 80% of the construction is started; Inner Mongolia Hengyecheng is operating normally and about 70% of the construction is started.

DMC: Last week, the domestic DMC market continued to be stable. The overall inventory of individual companies was low, and some early The outstanding orders have not yet been delivered, so there is little pressure on production and sales. The overall start-up of enterprises is not high, which has a certain supporting effect on the strong market price of organic silicon. The price of raw material methyl chloride rose again due to tight supply, while metallic silicon consolidated at a high level, and DMC cost support strengthened. The overall downstream demand is acceptable and prices are still firm. Last week, domestic DMC companies quoted prices of 30,500-31,000 yuan/ton of clean water including tax.

107 glue: Last week, the domestic scattered quotations for 107 glue ran smoothly. Downstream room-temperature adhesive companies are operating normally, and the procurement of raw materials is stable. The company’s orders are sufficient, and more orders are mainly received in the early stage, and new orders are negotiated one by one. The price of raw material DMC remains high, which is sufficient to support the cost of 107 plastic. Last week, the domestic market price of 107 rubber was mostly between 31,000 yuan and 31,500 yuan/ton. Dow Corning traders quoted a self-imposed price increase of 35,000 yuan/ton.

Raw rubber: Last week, the quotations of domestic raw rubber companies were basically stable. Demand in the downstream rubber products and cable industries is stable, with no significant increase for the time being. Enthusiasm for raw material procurement has cooled, and support for the raw rubber market has weakened. However, many raw rubber companies have outstanding orders that have not yet been completed, so there is less pressure on shipments. However, raw material DMC is still at a high level, so corporate quotations continue to be stable. Last week, scattered quotations in the domestic raw rubber market were at 31,000-32,000 yuan/ton with packaging and tax included.

Mixed rubber: Last week, the domestic rubber compound market weakened. At present, raw materials are still at high prices, but due to the resistance of downstream rubber products to high-priced rubber compounds, cost transfer is difficult, and compounding Rubber refining companies have generally lowered transaction prices, and the market trend has weakened. Last week, the new order quotation for conventional hardness silicone rubber compound was 28,500 yuan/ton.

Metal silicon: Last week, the price of domestic metal silicon market stopped rising and remained stable. Although metal silicon manufacturers are strongly hoping for a rise, Downstream companies have a strong wait-and-see mentality, purchasing mostly according to demand. Inventory consumption is slow and market transactions are tepid. In the short term, silicon companies lack motivation to raise prices and are expected to remain stable. In the later period, the dry season is approaching, and the procurement situation of downstream companies will affect silicon prices. price trend.

Silicone Oil: The domestic methyl silicone oil market is generally stable this week. Some domestic companies have increased their production starts, but the main supply of goods is For early orders and enterprise quotations, there was little change compared with the previous week. In terms of raw materials, the DMC market operated stably last week and will not fall in the short term. The cost support for methyl silicone oil is still strong. It is reported that the quotations from WACKER and Momentive agents have remained stable, but the supply of goods is still relatively tight. During the week, Dow Corning holders increased their market quotations due to rising costs. Last week, Dow Corning agents quoted a self-pickup price of 36,000-37,000 yuan/ton including tax.

At present, the market price of organic silicon continues to run smoothly. Although the number of post-maintenance companies has increased, silicon companies such as Xin’an and Xingfa are about to start operations, and Blue Star also plans to resume operations. In addition, raw material cost support is still high, and downstream demand has entered the off-season. Overall, the silicone market has both good and bad news, and the short-term market is mainly stable.However, the market outlook may be negative.

Zhejiang Xin’an Chemical Group Co., Ltd. released an announcement on the progress of the Momentive silicone project. The current progress of the project is as follows: The company’s holding subsidiary Xin’an Maitu’s newly added 100,000 tons/year silicone monomer production unit and the original 100,000 tons/year silicone production unit have been merged and related certification work has been completed. Entering the water-vapor linkage test run, will be put into trial production before the end of this month.

On October 28, Xin’an Group’s 300,000 tons/year organic silicon monomer chlorine resource comprehensive utilization project started. In the future, it will form a production scale of 300,000 tons of organic silicon monomer and supporting 80,000 tons of glyphosate technical material and put into production After that, the base will become one of the most complete and largest integrated silicone production bases in China’s industrial chain. The overall scale will also reach 550,000 tons, thus becoming the largest silicone production enterprise in Asia!