Global silicone network June 8：after two years,DMC 2021 from the highest price of 63,500 yuan per ton, down to this week's lowest price of 13,800 yuan per ton, a decline of 78% ! Wu believes that organic silicon raw material prices continued to fall, mainly lies in the supply side of the continued expansion of production release, not the demand side. Despite the macro depression and challenging industrial environment, shipments of silicone-related production equipment downstream remained strong in the first quarter and industry fundamentals remained healthy.

 Many industry said that silicone raw material prices will usher in a new round of the bottom of the cycle, DMC trend with PPI correlation. The PPI data is a key indicator to observe the upstream prosperity of the industry. Since the beginning of the year, the domestic PPI has continued to decline, falling to -0.8% , -1.4% , -2.5% and -3.6% respectively in April from a year earlier, the May figure is still expected to decline further to about 4 per cent. Combined with the recent performance of DMC contract prices, some of the major downstream PPI has been at the bottom of the cycle, around July will show significant improvement, silicone inflection point at any time.

Since May, manufacturers such as Shin Yue, Dow, Waake and Matto have reduced production significantly, and have seen some suppliers start to raise some contract prices for the Chinese market has been quoted slightly higher than the transaction price in march-april. As a result, major silicone-branded products are expected to stop falling and rebound slightly in June when global demand-side stocks are 2021, ending the steep decline since October and turning to an increase from the third quarter, the industry said, growth of about 0% -5% , the fourth quarter is expected to expand to 8% -13% .

At present, the price of organosilicon is in line with the expectations of all parties in the industry. The price of 14,000 yuan of DMC will basically repair the price difference between the spot price of domestic bulk units and that of major investors. Currently, major manufacturers in the lower reaches of the mainstream believe that orders will be relatively stable from June to October. In this context, demand for organic silicon raw materials such as DMC has supported price stabilization. November to April is relatively a traditional low season for organic silicon orders, price support will be weaker.

Domestic raw rubber market prices fluctuated slightly, the mainstream market up and down 100-200 Yuan/ton, Wednesday at the highest price of 15,500 yuan/ton, with a small rebound early in the week, raw rubber prices stand at the low point of the early stage, did not continue to break down. With the raw rubber price drop, the base is stronger than earlier, spot spot price slightly increased, short-term unplanned maintenance of some raw rubber equipment to ease near-end supply pressure, market prices can be stable. On the demand side, the demand pressure has not improved, market participants have insufficient confidence in trading, purchasing enthusiasm ready to start, short-term view, demand-side support insufficient to lead to the collapse of raw materials and supply expectations to improve the raw rubber price this year as the main factor, raw rubber market decline or change, short-term still have stabilising pressure.

Orders for silicone mobile phone cases drop! North 's smartphone market shipped 34.6 m units in the first quarter, down 11.2 per cent from a year earlier, marking the fourth consecutive quarter in which shipments have contracted. However, the top end of the $800-plus market enjoyed strong growth, surging 32.9 per cent year-on-year.