According to monitoring data from Business Society, as of September 21, 2023, the domestic market price of organic silicon DMC was set at 14920 yuan/ton. Compared with September 16 (organic silicon DMC reference 14760 yuan/ton), the price increased by 160 yuan/ton, an increase of 1.08%.
From the data monitoring chart of the Business Society, it can be seen that this week (9.15-9.21), the overall domestic silicone DMC market showed a slight upward trend. Since the beginning of September, the domestic organic silicon DMC market has continued to move upwards as a whole. As we enter this week, the overall focus of the organic silicon DMC market continues to climb slightly. At the beginning of the week, the organic silicon DMC of Shandong’s large factories remained stable at around 15000 yuan/ton. With the continuous increase in costs, the organic silicon DMC factories have strong confidence in the market, and some factories continue to narrow the increase in the price of organic silicon DMC, with an increase of around 100-200 yuan/ton. As the weekend approaches, Shandong’s major factories have seen a slight decline in their quotations, while other factories and suppliers have remained stable in their quotations. The overall silicone DMC market is still operating at a high level. As of September 21st, the domestic market price of organic silicon DMC is around 14800-15000 yuan/ton.
Prediction of the Future Trend of Organic Silicon DMC Market
At present, the trading atmosphere in the organic silicon DMC market is still good, with some orders scheduled for delivery and some downstream orders starting to digest raw materials. The overall market demand is stabilizing, and the organic silicon DMC data analyst at the Business Society believes that in the short term, the domestic organic silicon DMC market will mostly be on a high level for consolidation. The specific trend still needs to pay more attention to changes in supply and demand news.
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