Analysis of Domestic Silicone DMC Market in China this week (7.8-7.12)

Price Trend

According to business association monitoring data, organosilicon DMC rose again this week, up 400-800 yuan/ton. This week, the DMC mainstream offer was raised to 17 200-17 800 yuan/ton, while the real mainstream offer was 17 000-17 500 yuan/ton.

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II. Market Analysis

Product: This week, the domestic price of silicone DMC is rising again. The quotation of Shandong province is around 17400-18000 yuan/ton. The quotation of Hubei province is around 17000 yuan/ton. At present, many single enterprises adjust the starting rate. The overall starting rate is reduced to five or six levels. Most enterprises have tight inventory and tight production schedule. Some enterprises began to have equipment maintenance plans in mid-early July.

Industry chain: Influenced by the rise of silicone DMC, the related products of industry chain, such as silicone oil and silica gel, have also increased their quotations. Silica gel enterprises have raised the price of raw rubber and 107 gel slightly. The overall adjustment range is about 300 yuan/ton. The domestic price of silicone oil has increased by 500-1000 yuan/ton. The price of silicone oil in foreign enterprises has been mainly reduced by small and medium margins. The price gap of domestic silicone oil has been reduced.

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3. Future Market Forecast

Business analysts believe that: late July or usher in the peak season of silicone DMC industry, downstream demand continues to grow, or prices continue to rise.

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