Price Trend

According to the monitoring data of business associations, this week’s silicone DMC market rose slowly. Several start-up factories basically maintained stable offers. Many factories did not close the offer. As of August 15, combined with the quotations from several mainstream regions, the silicone DMC market quoted around 20700-21500 yuan/ton, with an average quotation of 20933 yuan/ton, which was higher than 8. On 9 January, the price increased by 130 yuan/ton, or 0.80%.

II. Market Analysis

Product: This week, the market of silicone DMC has slowed down, the overall offer has been running steadily and slightly, the repair of single factories is still more in late August, the rate of start-up remains low, the stock is low, the supply of silicone DMC is still tight this week, there is generally no sales pressure. The lowest quotation of organic silicone DMC in Shandong is around 20700 yuan/ton, and the price of tax-containing packaging is around 21300 yuan/ton. At present, most single factory parking maintenance, and has been controlling the start-up rate, which also leads to more initiative in the upstream and downstream relations, so the bid intention is slightly obvious, downstream enterprises have a higher risk of inventory, so maintain a just-in-demand attitude, inventory caution. DMC downstream enterprises mostly began to wait and see, procurement mood is not high, mainly selling the current inventory.

Industry Chain: Most of the raw rubber and 107 rubber downstream products of organosilicon DMC are stable as a whole. Some enterprises quoted slightly higher prices, raw rubber average price in about 23,000 yuan/ton. The average quotation of 107 glue is about 21500 yuan/ton.

3. Future Market Forecast

Business analysts believe that in the short term, affected by upstream supply and demand relations and factory attitudes, it is more likely that DMC market will continue to rise steadily, moderately and slowly in the follow-up period.