Price trend

According to monitoring data from SunSirs, as of September 13, 2023, the domestic market price of silicone DMC was referenced at 13,500 RMB/ton. Compared with September 8 (silicone DMC reference 13,340 RMB/ton), the price increased by 160 RMB/ton, an increase of 1.20%.

Analysis review

From the data monitoring chart of SunSirs, it can be seen that in the recent period (9.8-9.13), the overall domestic silicone DMC market had shown a slight upward trend. Entering September, the domestic silicone DMC market finally experienced an upward trend. With the upcoming Mid Autumn Festival and National Day, downstream demand for silicone DMC improved, and downstream replenishment enthusiasm had increased. The overall order acceptance situation of silicone DMC factories was good, and the market situation was steadily upward driven by demand. As of September 13th, the domestic silicone DMC market price reference was around 13,300-13,700 RMB/ton.

Market outlook

As of September 13th, the overall trading atmosphere in the silicone DMC market was mild, and the mentality of the industry was good. The supply and demand transmission of silicone DMC had improved. The silicone DMC data analyst of SunSirs believes that in the short term, the domestic silicone DMC market will mostly operate in a stable and stronger manner, and the specific trend needs to pay more attention to changes in supply and demand news.

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