Silicone** Express - December 27: Recently, there have been successive attacks on merchant ships in the Bab el-Mandeb Strait region, causing the global shipping industry to face the most severe uncertainty since the epidemic. The news of the attack on the ship triggered a "domino effect" in the market, and the top ten shipping companies successively announced the suspension of sailings in the Red Sea, and the global shipping and logistics industry fell into unprecedented turmoil, which may have a far-reaching impact on the global industrial chain and the first chain.
According to the latest customs data, the import and export data of polysiloxane in primary shape in November 2023 were statistically announced.
Export volume: 36,157 tons, an increase of 381%, a year-on-year increase of 4027%；
Total exports: 70.1 billion yuan (US$97.59 million), an increase of 519%, a year-on-year increase of 202%；
Average export price: 1938 yuan kg (2..)$70 kg), month-on-month **133%, a year-on-year increase of **2727%。
Imports: 8,001 tons, an increase of 095%, a year-on-year increase of 395%；
Total imports: 47.5 billion yuan (US$66.15 million), an increase of 619%, an increase of 130%；
Average import price: 5935 yuan kg (8..)$27 kg), month-on-month **518%, year-on-year **255%。
The end of the year is approaching, in the case of high cost and ** reduction, the DMC market ** showed a narrow ** trend, the actual transaction ** rose to 13900 14200 yuan tons, and the single plant rebounded, the middle and downstream enterprises have responded to stocking, and the current DMC market transaction atmosphere has improved. However, on the demand side, the terminal consumption drive has not yet shown obvious signs of improvement, resulting in the downstream year-end procurement volume has not formed a concentrated trend, and the stocking is still limited. In the short term, the good and the bad are intertwined, the leading factory has not yet moved, the bottom support exists, and it is expected that DMC** will continue to run steadily in the short term, and rise slightly upward.
Raw rubber market: This week, the domestic raw rubber **14800 15200 yuan ton, continue to stabilize the price. In the field, due to the leading low-cost raw rubber of 14,500 yuan tons, the advantages are obvious, and other raw rubber companies basically do not participate in the bidding, so they are still dominated by the leader in receiving orders. However, in the recent blizzard weather in the north, the arrival speed has slowed down, and some dedicated rubber compounding plants are facing the "supply interruption" of raw rubber, and at the same time, they have to press the payment for more than 1 month, which puts greater financial pressure on the rubber compounding manufacturers, and the production falls into passivity.
From this point of view, the market's acceptance of the first raw rubber is improving, so with the advantage of delivery, other raw rubber factories have strengthened their price sentiment, but on the other hand, the rubber compounding plants based on low-price orders can only purchase low-cost raw rubber under the suppression of profits, and the crisis of "shutdown" is difficult to solve for a while. It is expected that the raw rubber market will continue to stabilize prices in the short term.
Rubber compound market: This week, the rubber compound market was unwavering, the business rhythm slowed down, and the mainstream ** continued to be 13,500-14,300 yuan tons. At present, the fluctuation of raw material DMC has risen, but it has little impact on rubber compounds, after all, the low price of the leading rubber has not changed, the arrival speed is slow, and the production of some rubber compounds cannot be guaranteed, but the market has reached a relative balance between supply and demand, and the inventory pressure of rubber compounds is not large.
On the demand side, the downstream silicon products market continues to be flat, and in the case of stable customer orders, the procurement of rubber compounds is also not in a hurry, and continues to meet rigid demand, so the current transaction situation of rubber compounding enterprises continues to be stable, and the supply and demand are relatively stable.
On the whole, the current market has entered a period of entanglement, the bottom has been running for a long time, the demand side is not the core factor restricting the development of the industry, and the disorderly supply side is. Recently, in the case of production reduction and increase, the DMC spot ** volume has been reduced, which has boosted the DMC ** exploration, and also stimulated some downstream enterprises to stock up, and the relationship between supply and demand has been improved to a certain extent. However, at the end of the year, how long can this wave last, everyone expects to be cautious, and it is expected that the short-term performance will be boosted by the cost side and maintain a higher trend. The first quarter of 2024 spans the Spring Festival holiday, and the overall downward trend will not change. (The above information is only for exchange and sharing, not as a basis for trading, silicone**original edit,**please indicate**.)
Mainstream**
DMC: 13900-14500 yuan ton;
107 glue: 14600-15000 yuan ton;
Ordinary raw rubber: 14500-15200 yuan tons;
Polymer raw rubber: 15800-16500 yuan ton.
Precipitation rubber compound: 13500-14500 yuan ton;
Vapor phase rubber compound: 21000-22500 yuan ton;
Domestic silicone oil: 15500-16500 yuan ton;
Imported silicone oil: 20,000-21,000 yuan ton;
Pyrolytic DMC: 12500-12800 yuan ton (excluding tax);
Silicone oil for pyrolysis: 13800-14300 yuan ton (excluding tax);
Waste silica gel (raw edge): 4500-4600 yuan ton (excluding tax).
The transaction price is high and low, you need to confirm with the manufacturer's inquiry, the above ** is for reference only, not as a basis for trading. (*Statistical time: December 27).