According to the monitoring data of the business community, as of November 18, 2022, the reference price of the domestic silicone DMC market was 17720 yuan/ton. Compared with the reference price of 17500 yuan/ton on November 13, 2022, the price decreased by 220 yuan/ton, or 1.26%. On November 18, the domestic silicone DMC market price was near 17300-18500 yuan/ton.

It can be seen from the data monitoring chart of the business community that this week (11.13-11.18), the overall domestic silicone DMC market rose slightly. At the beginning of this week, the quotation of organic silicon DMC of Shandong Dachang increased slightly by 100 yuan/ton, to about 17300 yuan/ton. Most other factories kept their quotations steady, and the supply and demand of the market did not change much. Near the weekend, some organic silicon DMC suppliers raised the price of organic silicon DMC, with an increase of 200-300 yuan/ton. At present, the main driving force behind the slight recovery of silicone DMC market comes from the following two aspects:

In terms of cost, at present, the raw metal silicon market is still at a high level, and the support given to organic silicon DMC at the cost end is still strong. Short term silicone DMC is less likely to decline significantly.

On the macro level, the current domestic logistics and transportation have returned to normal, and the “macro good news” will also bring a positive boost to the silicone DMC market.

On the supply side, the supply side has actively adjusted the contradiction between supply and demand in the silicone DMC market. With the supply adjustment, the confidence of the industry has recovered.

Prediction of the future trend of silicone DMC market

Recently, the shock price adjustment of Shandong’s big factories has also stimulated mostly the downstream just needed orders. At present, the demand side of the silicone DMC market is still generally supported, and the game on the supply and demand side of the market still exists. The silicone DMC data engineer of the business community believes that in the short term, the domestic silicone DMC market is difficult to see the trend of sharp rise and fall, and the market mostly adjusts the range to narrow range. More attention should be paid to the changes in the information on the supply and demand side.