Global silicone network July 13 news: Great expectations! The central bank announced that at the end of June, the balance of broad money (M2) was 287.3 trillion yuan, an increase of 11.3%, 0.3 percentage points lower than the end of last month and 0.1 percentage points lower than the same period of last year; The stock of social financing reached 365.45 trillion yuan, up 9% year on year. In June, the amount of social financing increased by 4.22 trillion yuan, a year-on-year increase of 985.9 billion yuan. Yuan loans increased by 3.05 trillion yuan, an increase of 229.6 billion yuan year-on-year. Data show that new loans and social finance are significantly better than expected, corporate short loans, corporate medium and long loans are more than last year, mainly may be the interest rate cut last month, short-term to stimulate the willingness of corporate credit. Although the road to steady economic growth is long, the latest data still has structural problems, but it has already shown that under the current continuous policy stimulus, the domestic economy has a certain resilience, so it is not too pessimistic.
Xingfa Group's share price has a big rebound of 6%, the organic silicon market continues to differentiate the trend unchanged, Dow, Xinyue silicone oil spot price rose 300 yuan! Silicone oil is one of the important intermediate products in many fields, and the news of a firm price has aroused market attention. The latest ex-factory prices of domestic silicone oil manufacturing head enterprises have begun to stabilize. Dow relevant people said that there is still room for improvement in the future, and they are very confident in the release of terminal demand in many areas in the second half of the year.
The domestic silicone oil market price fluctuated slightly, and the market price of some brands rose or fell by 50-100 yuan/ton. Silicone oil factory raised some of the guidance prices, but the market price center performance is relatively strong, silicone oil holders more active inventory clearance. At present, traders are speeding up the pace of shipment, so the market offer focus price changes little.
DMC a factory "network price war" intensified. Since July, the DMC has dropped by at least 1,000. Downstream wait-and-see sentiment increased, and even the industry shouted "12,000 +", industry insiders said that this is one of the measures to attract the demand side of a DMC factory in the short term. The price war is not the direction encouraged by the industry, and it is also hoped that manufacturers will reduce the scale of DMC production capacity to cope with the future.
The domestic DMC market rose in a narrow range of 100 yuan/ton. Metal silicon slightly high open shock, cost support overall strong, DMC manufacturers factory prices rose slightly. However, small and medium-sized downstream demand is general, buying is cautious, Shandong factory pulled up after the pullback, there is still a profit shipment, low transaction is OK, the overall situation is general.
Historical data show that the price war is not uncommon business behavior, from the TV price war at the beginning of the millennium to the price war in the air conditioning industry a few years ago is typical, but the practice of industry associations jointly with the head enterprise to "maintain" the price is not common. The TV price scramble at the start of the millennium is a classic example, though it still ended in failure. This is not difficult to understand, the industry to compete, products, services, prices are common means, not to mention, silicone market competition is fierce, manufacturers "Alexander".
In the competitive environment of the market, silicone companies may not want to reduce prices, but they do not want to disappear in commercial competition. Now the wind of the industry market is changing quickly, and if it is removed from the market and the downstream list today, it may be difficult to have a chance to stage a comeback tomorrow.
Big coffee in the industry said: this year, some silicon products manufacturers are expected to increase profits by more than 68%, indicating that the prosperity of the silicone market has just begun, and the industrial chain will be reshuffled within the visible time. For the new forces without heritage, we must first ensure that we will not die on the eve of the outbreak of silicone orders.
There are also people in the industry who believe that silicon companies need to be cautious all the time, keep up with the price war, market share can not be reduced, and sales must be taken out in order to continue to get the market and investors to continue the life of the capital. However, the uncertainty of market competition is that once there is an imbalance between supply and demand, once the supply exceeds the demand, silicon companies may not cut prices, but it may be a disguised service. Demand is solid, the first half of the orders for a long time, raw material price is unavoidable. This is also an important reason why, since the price war this year, although the recovery of demand is not as expected, the profits of some downstream terminal markets are still booming.
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