Price trend

According to the commodity market analysis system of SunSirs, on May 15th, the price of silicone DMC participated in 13,550 RMB/ton, and on May 1st, the price of silicone DMC referenced 13,500 RMB/ton, with a price increase of 50 RMB/ton, an increase of 0.37%.

Analysis review

From the commodity market analysis system of SunSirs, it can be seen that during the Labor Day holiday, the overall shipment of silicone DMC market was average, and the market was temporarily stable. After the holiday, the inquiry atmosphere on the silicone DMC market was light, and the market focus slightly shifted downwards. On the 8th, the market price of silicone DMC fell to a low point in the early days, with a reference of 13,380 RMB/ton.

Under the stimulation of low prices, the silicone DMC market had ushered in a wave of cautious stocking, and some factories had alleviated their supply pressure with a strong upward trend. Starting from the 9th, the price of silicone DMC market had started to recover, and large factories in Shandong and leading enterprises had raised the price of silicone DMC, with an increase of around 250-300 RMB/ton.

Subsequently, the silicone DMC market entered a transitional period, and the overall market began to operate steadily. As of May 15th, the domestic silicone DMC market price reference was around 13,450-13,900 RMB/ton.

Market outlook

As of May 15th, the trading atmosphere on the silicone DMC site was mild. After some factories receive pre-sale orders, the overall supply pressure in the market was relatively low. However, the overall operating rate on the site was still relatively high. According to the silicone DMC data analyst from SunSirs, in the short term, the domestic silicone DMC market will mainly adjust slightly, and the specific trend still needs to pay more attention to changes in supply and demand news.

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