Price trend

According to the monitoring data of SunSirs, as of December 9, 2022, the reference price of the domestic silicone DMC market was 16,800 RMB/ton. Compared with the reference price of 16,950 RMB/ton on December 4, 2022, the price decreased by 150 RMB/ton, or 0.88%.

Analysis review

It can be seen from the data monitoring chart of SunSirs that this week (12.04-12.09), the overall domestic silicone DMC market was weak and running downward. Although the end of the year was approaching, the demand of silicone downstream was still boosted commonly. This week, the factory had once again delivered goods at a small margin. During the week, the market price of silicone DMC dropped by 100-200 RMB/ton. On December 9, there was still a game between the supply and demand side of silicone DMC, and the overall operating rate on the site was also at a low level. As of December 9, the market price of domestic silicone DMC was around 16,600-17,200 RMB/ton.

Market outlook

At the end of the year, the silicone DMC factory was under pressure and gave way to profits, which can be said to be "full of sincerity". According to the silicone DMC data engineer of SunSirs, it is expected that in the days before Spring Festival, the downstream stock purchase will also start one after another, the trading atmosphere of silicone DMC will be somewhat warmer, and the market price is expected to be stable and rising slightly. The specific trend needs to pay more attention to the changes in the future supply and demand information.

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