According to the monitoring data of the SunSirs, as of June 16, 2022, the market price of silicon DMC in mainstream areas was reference at 21120 RMB/ton. Compared with the price on June 10, 2022 (the reference price of silicon DMC was 22080 RMB/ton), the price was reduced by 960 RMB/ton, a decrease of 4.35%.

It can be seen from the data of the SunSirs that the domestic silicone DMC market was weak as a whole this week. On the 13th day of the week, the quotation of silicon DMC of Shandong big factory was slightly reduced by 300 RMB/ton to 22000 RMB/ton. Other factories mostly made stable quotations. The trading atmosphere on the floor was general, and the downstream responded weakly to the small adjustment of the market. In the middle of the week, the silicon DMC market rose and fell mutually, and the price range was adjusted around 300-800 RMB/ton. On the 15th and 16th, the quotation of silicon DMC of Shandong large factory continued to be adjusted downward as a whole. The quotation of silicon DMC of this factory referred to 20800 RMB/ton, a decrease of 1500 RMB/ton during the week compared with the beginning of this week. The quotations of other factories continued to be stable, the difference between high and low prices in the market widened, and the wait-and-see mood in the downstream increased. As of the 16th, the ex factory price of silicon DMC has been around 20800-22500 RMB/ton. At present, the downstream is cautious in overall stocking, and some downstream mainly digest the early inventory.

In terms of upstream metal silicon, this week, the domestic metal silicon market generally operated upward. According to the monitoring data of the SunSirs, on June 16, the reference price of metallic silicon was 18030 RMB/ton, an increase of 4.64% compared with June 1 (17230 RMB/ton).

Aftermarket forecast of silicon DMC

At present, the overall trading atmosphere in the silicon DMC market is calm. After the market is weak and down, the downstream demand follow-up performance is general, and the wait-and-see atmosphere is around. The silicon DMC datagrapher of the business society believes that in the short term, the domestic silicon DMC market is mostly weak, mainly for consolidation and operation, and the specific trend needs to pay more attention to the basic changes in supply and demand.

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