According to the monitoring data of business agency, as of June 30, the average price reference of the market quotation of silicone DMC in the mainstream area of data monitoring was 30566 yuan / ton, and the average price increased by 1333 yuan / ton, up 4.56% compared with that of April 1 (the average price of silicone DMC reference is 29233 yuan / ton).

April market cold silicone DMC down the way

At the beginning of the second quarter, the domestic silicone DMC market was in a relatively high position compared with the beginning of the year. According to the data monitoring of business society, on April 1, the average factory reference price of domestic silicone DMC was 29233 yuan / ton. After the Qingming Festival, the market of silicone DMC has experienced a sharp decline. In the early April, a large factory in Shandong Province has cut the factory quotation of silicone DMC twice, and the low-end quotation to silicone DMC has dropped to 26400 yuan / T, which is 2200 yuan / t lower than the maximum before the Qingming Festival. Other monomer factories also cut the factory quotation of silicone DMC by 300-500 yuan / T, and the phenomenon of sealing in the field increases, The wait-and-see mood increased, the performance of new orders was poor, the market of silicone DMC continued to decline all the way. Near the end of April, the low-end quotation of silicone DMC fell to 25700 yuan / T. according to the data of business agency, on April 30, the average price of organosilicon DMC was RMB 27600 / T, and the average price was down 1633 yuan / T compared with the price on April 1, a decrease of 5.59% in the month.

May market continued to fall deep and prices fell to a low in the second quarter

During the labor day in May, the market of silicone DMC maintained stable operation. After the labor Festival, the market of silicone DMC was further down in cliff type due to the lack of demand, and the market was dominated by the sound of profit and void. After the festival, the inventory of monomer plant accumulated, and the phenomenon of profit delivery increased. As of May 16, the main market quotation reference of silicone DMC was 26000-27200 yuan / ton, the average price was 26566 yuan / T, and the low-end price was 25500 yuan / T. compared with the beginning of the month, the average price fell by 1000 yuan / ton.

In late May, the domestic silicone DMC market finally ushered in a short return temperature. Due to the influence of the environmental policy, the start rate of monomer plants in the latter ten days has decreased, and the available spot is tight in the field. Since 17, some factories raised the factory price of silicone DMC. On 23, the average price of organosilicon DMC rose back to 27100 yuan / ton, but the sustained upward support was insufficient, 25 days, The market of silicone DMC fell again, the low-end price was lowered to 25800 yuan / ton, and the average market price also fell to the lowest level since the second quarter, referring to 26433 yuan / ton. Price downturn has brought more attention to the on-site mood, many manufacturers continue to close the offer, downstream also take a cautious attitude towards the market. As of May 31, the factory price reference of silicone DMC was 26000-27300 yuan / ton, and the average price reference was 26666 yuan / ton. Compared with the price on May 1, the average price was down by 767 yuan / T, down 3.38%.

The decline followed by two months of the downturn and the final rise in June, the silicone DMC rose better

In June, the silicone DMC market, which has been in a downturn for two months, has finally ushered in steady growth. With the support of many good, the domestic silicone DMC rose rapidly in June. First, in the raw material aspect, the high-level operation of silicon metal gives effective cost support to DMC. Secondly, in terms of demand, downstream demand gradually stabilized, with the transaction order increasing, and some organosilicon DMC monomer factories were arranged to mid June. The overall market investment atmosphere is good. Thirdly, on June 9, an emergency occurred in a factory in Xinjiang, which had a certain impact on the short-term supply of silicone DMC and the mentality of the silicone DMC industry. At the beginning of June, the market of silicone DMC had gradually returned to temperature, which accelerated the market warming. Since the beginning of June, the spot supply of silicone DMC was more intense, which can be called “one single difficulty”, Market price also rose significantly. On the 17th, the average market price of silicone DMC exceeded 30000 yuan / T, creating a high price since the second quarter. Then the market market has a small fluctuation and downward, but until the end of June, the silicone DMC market as a whole continued to operate at a high level.

Looking back to the second quarter, the market ended up in the whole second quarter, supported by the sharp increase in market in June. As of June 30, according to the monitoring data of business society, the average price of silicone DMC market is RMB 30566 / T, and the average price is 3900 yuan / ton, up 14.62% in the month compared with the price on June 1. Compared with April 1, the average price rose 1333 yuan / ton, and the second quarter was up 4.56%.

Upstream, at the end of June, the domestic metal silicon market rose slightly and steadily. On June 30, the average price of domestic metal silicon (441#) market was 14350 yuan / ton, up 0.58% compared with the average market price of 14266.67 yuan / T on June 30. In terms of inventory, the northern factories temporarily shut down, and Yunnan limited electricity for nearly a month of the window period, although some silicon plants have been resumed, but the overall spot is still not much; In terms of cost, the cost of power consumption in silicon plant increased due to the increase of the electricity price in the high water period in Yunnan Province, and the coke cost of the stack raw material increased by 22.57%, and the possibility of the silicon price decline in Yunnan in the short term was small; In terms of output, the start rate of Xinjiang silicon plant is not high, and the supply of production output of large-scale factories is reduced. The high silicon price operation is caused by the comprehensive shutdown of large factories, Yunnan power cost and Xinjiang current situation.

On the 30th, the price of silicon in each region was as follows: the price range of silicon metal in Huangpu port area was 14500-14600 yuan / ton, and the average price was 14550 yuan / ton; Tianjin port area ා 441 metal silicon price range 14500-14600 yuan / ton, average price 14550 yuan / ton; The price range of silicon metal in Kunming area is 14200-14300 yuan / ton, with an average price of 14250 yuan / ton; The price range of silicon metal in Sichuan is 14100-14200 yuan / ton, and the average price is 14150 yuan / ton; Fujian Province ා 441 metal trading range 13400-13600 yuan / ton, average price 13500 yuan / ton; The price range of silicon metal in Shanghai is 15000-15200 yuan / ton, with an average price of 15100 yuan / ton.

Downstream, the second quarter market of raw rubber and silica gel of downstream products of silicone DMC has also risen and closed in the second quarter, which is also in June. As of June 30, the market reference price of domestic raw rubber is 32500-33500 yuan / T, and the market reference price of domestic rubber is about 27500-29300 yuan / ton, The market reference price of domestic dimethyl silicone oil is 32000-33500 yuan / ton, and the reference price of 107 rubber in China is 31000-31500 yuan / ton.

Post potential prediction

At present, the overall trading climate of domestic silicone DMC market continues to be positive. Especially in the late June, the factory collectively maintained a high price offer, and the downstream price also kept high, supporting each other in the upstream and downstream. Therefore, the analysts of silicone DMC of the business agency believe that in July, the domestic organic silicon DMC market can continue to operate at a high level.