From April to present, organic silicon DMC has been operating in a weak decline (4.1-4.26)

According to the monitoring data of the business community, as of April 26, 2023, the domestic silicone DMC market price reference was 15080 yuan/ton, and on April 1 (the silicone DMC reference was 15760 yuan/ton), the price fell 680 yuan/ton, or 4.31%.


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From the data monitoring chart of the Business Society, it can be seen that since April (04.1-4.27), the overall domestic silicone DMC market has shown a weak and declining trend. At the beginning of April, organic silicon DMC experienced a small stage of stocking in the downstream market. With some improvement in downstream demand, the focus of the organic silicon DMC market briefly moved upwards,. However, after the phased demand, the downstream demand for organic silicon DMC has generally returned to a cold state. Starting from April 7th, the organic silicon DMC market has experienced a continuous decline due to the cold weather. As of April 18th, the low price of the domestic organic silicon DMC market has fallen below the 15000 yuan/ton mark. Subsequently, the organic silicon DMC market started consolidation operation. On the one hand, it was the pressure of cost, and on the other hand, it was the fatigue of demand. The organic silicon DMC market had limited adjustment for rise and fall, and the overall market was stable. As of April 26, the domestic organic silicon DMC market price was around 14800-15500 yuan/ton.


Prediction of the Future Trend of Organic Silicon DMC Market


At present, the trading atmosphere in the organic silicon DMC market is average, and the news on the market is relatively calm. As the May Day holiday approaches, it remains to be seen whether the market can usher in a wave of price trends. The organic silicon DMC data analyst at the Business Society believes that in the short term, the domestic organic silicon DMC market will mostly operate steadily and slightly, and the specific trend needs to pay more attention to changes in supply and demand news.

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