Analysis review

　　It can be seen from the data monitoring chart of SunSirs that at the end of 2021, the domestic silicone DMC market ushered in a steady recovery after a sharp decline in the early stage. Entering 2022, after the New Year’s Day in January, the silicone DMC market continued to maintain a steady upward trend. On the first day after the holiday (January 4), a major manufacturer in Shandong took the lead in raising the ex-factory price of silicone DMC by 1,600 yuan. / ton, and the factory’s organic silicone DMC ex-factory price rose to 27,600 RMB/ton. Some other factories kept their quotations stable, and the number of closed orders on the market began to increase. On the 5th, other mainstream monomer factories also raised the ex-factory price of silicone DMC by 300-800 RMB/ton, and the ex-factory price of silicone DMC referred to around 26,500- 27,600 RMB/ton. In the face of the continuous rise after the holiday, the industry’s reluctance to sell gradually became stronger, and orders were limited. In addition, the downstream replenishment atmosphere was good, and the market price continued to run high and firm. On the 10th, the market of silicone DMC ushered in a general rise again. The ex-factory price of silicone DMC referenced around 28,000-30,000 RMB/ton, and the price returned to the era of 30,000 RMB/ton. As of the 11th, the spot supply of silicone DMC continued to be tight, and factories were selling in limited quantities. As the pre-holiday stocking time was approaching, downstream purchases were active, inquiries increased, and the trading atmosphere was good.

　　In terms of index, the silicone DMC commodity index on January 10 was 151.03, an increase of 12.68 points from previous day, a decrease of 54.12% from the highest point in the cycle of 329.21 points (2021-10-10), and up 114.53% from the lowest point of 70.40 points on July 27, 2016). (Note: The cycle refers to 2011-09-01 to the present)

　　In terms of upstream silicon metal, the price of 44# silicon metal was weak on the 10th, the average price in the domestic market was 20,940 RMB/ton, down 1.32% in the new year. The silicon metal market was getting worse and worse. Traders were already preparing for the holiday near the Spring Festival, manufacturers were less willing to produce, and the shutdown continued to increase. At the same time, the demand for metal silicon at downstream terminals continued to shrink, and the demand for aluminum alloys was weak. The stocking of silicone downstream enterprises has been opened one after another, and the demand has increased.Market outlookAt present, the supply of silicone DMC is still tight, and the reluctance to sell is still there. The good pre-sale orders in the early stage have given strong support to the silicone DMC factory. Factory quotations are mostly high and stable, and the enthusiasm of downstream demand for stocking has not decreased for the time being. The organic silicone DMC data engineer of SunSirs believes that in the short term, the domestic organic silicone DMC market is mainly stable and strong, and more attention needs to be paid to the trend of supply and demand.

　　Analysis review

　　It can be seen from the data monitoring chart of SunSirs that at the end of 2021, the domestic silicone DMC market ushered in a steady recovery after a sharp decline in the early stage. Entering 2022, after the New Year’s Day in January, the silicone DMC market continued to maintain a steady upward trend. On the first day after the holiday (January 4), a major manufacturer in Shandong took the lead in raising the ex-factory price of silicone DMC by 1,600 yuan. / ton, and the factory’s organic silicone DMC ex-factory price rose to 27,600 RMB/ton. Some other factories kept their quotations stable, and the number of closed orders on the market began to increase. On the 5th, other mainstream monomer factories also raised the ex-factory price of silicone DMC by 300-800 RMB/ton, and the ex-factory price of silicone DMC referred to around 26,500- 27,600 RMB/ton. In the face of the continuous rise after the holiday, the industry’s reluctance to sell gradually became stronger, and orders were limited. In addition, the downstream replenishment atmosphere was good, and the market price continued to run high and firm. On the 10th, the market of silicone DMC ushered in a general rise again. The ex-factory price of silicone DMC referenced around 28,000-30,000 RMB/ton, and the price returned to the era of 30,000 RMB/ton. As of the 11th, the spot supply of silicone DMC continued to be tight, and factories were selling in limited quantities. As the pre-holiday stocking time was approaching, downstream purchases were active, inquiries increased, and the trading atmosphere was good.

　　In terms of index, the silicone DMC commodity index on January 10 was 151.03, an increase of 12.68 points from previous day, a decrease of 54.12% from the highest point in the cycle of 329.21 points (2021-10-10), and up 114.53% from the lowest point of 70.40 points on July 27, 2016). (Note: The cycle refers to 2011-09-01 to the present)提交In terms of upstream silicon metal, the price of 44# silicon metal was weak on the 10th, the average price in the domestic market was 20,940 RMB/ton, down 1.32% in the new year. The silicon metal market was getting worse and worse. Traders were already preparing for the holiday near the Spring Festival, manufacturers were less willing to produce, and the shutdown continued to increase. At the same time, the demand for metal silicon at downstream terminals continued to shrink, and the demand for aluminum alloys was weak. The stocking of silicone downstream enterprises has been opened one after another, and the demand has increased.

　　Market outlook

　　At present, the supply of silicone DMC is still tight, and the reluctance to sell is still there. The good pre-sale orders in the early stage have given strong support to the silicone DMC factory. Factory quotations are mostly high and stable, and the enthusiasm of downstream demand for stocking has not decreased for the time being. The organic silicone DMC data engineer of SunSirs believes that in the short term, the domestic organic silicone DMC market is mainly stable and strong, and more attention needs to be paid to the trend of supply and demand.

　　Analysis review

　　It can be seen from the data monitoring chart of SunSirs that after the New Year’s Day, the domestic n-butanol market in Shandong ushered in a sharp rise, the spot inventory in the market was low, the supply was tight, the downstream demand was performing well, and the trading atmosphere was positive. On the 4th, the focus of n-butanol market transactions rose steadily. The ex-factory price of n-butanol in Shandong was 8,500 RMB/ton, and the daily average price was raised by 200 RMB/ton, an increase of 2.41%.On the 5th, the growth rate of the n-butanol market increased. Affected by the shutdown of equipment in some areas, the on-site supply continued to tighten. The quotations of mainstream n-butanol factories in Shandong increased sharply. The high price had risen to around 10,000 RMB/ton, and the largest increase in two days was 1700 RMB/ton. On the 6th, the n-butanol market continued to gather upwards, and the low-end prices on the market decreased. The ex-factory price of n-butanol in Shandong referred to around 9,600-10,000 RMB/ton, and the average price referred to 9,866 RMB/ton. Compared with before the holiday, the three-day increase has reached 18.88%.In terms of index, the n-butanol (industrial grade) commodity index on January 5 was 64.40, which was the same as previous day, and was down 51.13% from the highest point of 131.79 points in the cycle (2021-05-16), and an increase of 115.46% from the lowest point of 29.89 on November 30, 2015. (Note: Period refers to 2011-09-01 to present)

　　In terms of upstream propylene, starting from the 4th after the holiday, the price of propylene in the Shandong region had steadily increased. As of the 6th, the cumulative increase after the holiday was 4%. Oil prices rose strongly, and the cost side boosted, the price of propylene was adjusted upward. Downstream demand was general, and the rise of propylene was hindered in the off-season. On January 5, the Propylene Commodity Index was 63.27, an increase of 1.06 points from previous day, a decrease of 37.26% from the highest point in the cycle of 100.85 points (2011-09-07), and an increase of 93.31% from the lowest point of 32.73 points on September 29, 2015. (Note: Period refers to 2011-09-01 to present)

　　Market outlook

　　At present, the supply side of the n-butanol market in the short term will continue to be tight, the supply side is supporting the market, and the downstream demand is stable. The n-butanol data analyst of SunSirs believes that the n-butanol market in Shandong will continue to run at a high level in the near future, and more attention needs to be paid to the changes in supply and demand.