Spot shortage, the price of Chinese silicone products returned to the 30000 yuan mark.
According to the monitoring data of business society, on January 11, the average quotation of organosilicon DMC commodity index sample was 29300 yuan / ton, the highest quotation was 30000 yuan / ton and the lowest quotation was 28000 yuan / ton.
Compared with January 1, 2022, the current average price has increased by 35000 yuan / ton, or 13.57%; Compared with December 20, 2021, it increased by 5400 yuan / ton, an increase of 22.59%.
On the same day, the silicone DMC commodity index was 151.03, up 114.53% from the lowest point of 70.4 on July 27, 2016, but still down 54.12% compared with the highest point of 329.21 on October 10, 2021. The period refers to the period from September 1, 2011 to the present.
Liu Hao, silicone industry analyst of Longzhong information, told the interface news that for some time after the implementation of the "dual control of energy consumption" policy, the price of silicone continued to fall, and the inventory of monomer plants accumulated to a high level. The downstream mentality of "buying up but not buying down" led to the shelving of demand. The actual downstream inventory had been consumed and needed replenishment urgently.
Liu Hao pointed out that in addition to the centralized maintenance of silicone monomer devices from November to December, the operating rate was low, the overall market supply showed a downward trend, and the high inventory decreased, driving the low price rebound.
In addition, export orders have increased significantly in recent months, the pressure on factories to receive orders has eased, China's spot market is tight, and it is difficult to receive some bulk orders.
For the future price trend, the analysis of the industry's self media company "silicone" pointed out that driven by the recovery of market demand and tight supply, the overall expectation of the silicone market is still good, it is expected to rise steadily in the short term, and the profitability of industry companies is expected to improve.
Liu Hao pointed out to the interface news that in the short term, the price will remain stable before the year. At present, the inventory pressure of manufacturers is generally low, and most of the centralized delivery are previous orders.
"Although there is a demand for stock arrangement after the Spring Festival, according to Longzhong information, at present, most manufacturers have a firm attitude and few bids." Liu Hao said that the downstream pre Festival stock is insufficient and there is a just need for procurement. Considering that the current price is high and the inventory of monomer factories is overstocked after the year, the market is expected to fall after the year.
Silicon industry is an important part of non-ferrous metal industry, which has attracted extensive attention at home and abroad in recent years. Silicone products have good electrical insulation, heat resistance and water repellency, so they are widely used in construction, textile, new energy, electronic appliances, medical and industrial additives. They are also raw materials of semiconductors, known as "industrial monosodium glutamate".
According to the statistics of Baichuan Yingfu, the total capacity of silicone DMC in China in 2021 was about 1.875 million tons, an increase of 200000 tons year-on-year compared with 1.675 million tons in 2020, an increase of about 12%.
According to data treasure, there are only 14 companies whose main business covers silicone DMC products in the A-share market.
Among them, Hoshine Silicon Industry Co.Ltd(603260) (603260. SH) is the largest industrial silicon manufacturer in China. It is the double leader of industrial silicon and silicone. The production capacity of industrial silicon and silicone monomer ranks first in China. It has a complete silicon-based new material industry chain. At present, the total production capacity of silicone monomer reaches 930000 tons.
In addition, Shandong Dongyue Organosilicon Materials Co.Ltd(300821) (300821. SZ) is mainly engaged in silicone production, R & D and sales. It is one of the largest enterprises in China's silicone industry. Two sets of silicone monomer production plants have been built and operated, with an annual production capacity of 300000 tons of silicone monomer.
Inner Mongolia Xingxing chemical holding (SZ) Co., Ltd. has recently invested 1.32 million tons of high-performance silicone polymer (SZ}) in the project.
As of the closing on January 11, Hoshine Silicon Industry Co.Ltd(603260) shares closed at 111.91 yuan, down 3.08%; Shandong Dongyue Organosilicon Materials Co.Ltd(300821) shares closed at 18.2 yuan, up 2.59%, and Henan Hengxing Science & Technology Co.Ltd(002132) closed at 5.29 yuan, down 3.64%.
(source: interface News)
