1、 Price trend

According to the monitoring data of the business association, as of March 20, the average market price of organosilicon DMC in several major areas monitored by the data was around 17000 yuan / ton, which was about 1200 yuan / ton lower than that a week ago (March 13), with a decrease of nearly 7%.

2、 Market analysis

Product: the silicone market fell again this week. This weak market decline started from the end of February. Influenced by international public events, the orders of silicone DMC have been few since the beginning of the year. However, the inventory accumulation of more than two months has put a lot of pressure on some manufacturers. From the beginning of March, the negative operation has been reduced, the quotation and equipment maintenance have been reduced, and some manufacturers are looking for ways to stimulate shipment In order to find a way out, the price is also falling again and again. At present, the stock pressure of manufacturers still exists, and the export is also declining recently. There are many parking enterprises, so it is difficult to balance the overall supply and demand of the market. Up to now, the market comprehensive quotation has been reduced by 300-500 yuan / ton again. The mainstream quotation of organosilicon DMC manufacturers is around 16500-17800 yuan / ton. The lowest quotation of some manufacturers is even more 16000 yuan / ton. The market price has almost dropped to the low level, and the raw material cost is close to negative. It is predicted that the subsequent decline of organosilicon DMC will be limited. We hope the market will recover soon.

Industry chain: upstream silicon metal market: in domestic aspect, the market supply end is still low, the production reduction in Xinjiang is large, and it is difficult to improve the operating rate in March. It is expected that at the end of the month, some silicon plants in Yunnan will start production. Downstream 107 rubber Market: affected by the decline of raw materials, the price of downstream silicone product 107 rubber will be explored. At present, the market pressure is not small, the terminal recovery is slow, and the downstream demand release is insufficient. At present, the market reference price is around 17500-18000 yuan / ton, and the market is weak as a whole.

3、 Future forecast

According to the analysts of business club, at present, the market of organosilicon DMC has fallen to a low point. Under the pressure of cost, it is expected that there will be limited downward space in the future. The domestic market is gradually returning to normal. After the demand for downstream products has been increasing, it is hoped that the organosilicon market will usher in spring as soon as possible.