According to the monitoring data of the business community, as of December 25, the average quoted price of silicone DMC was 22666 yuan / ton, down 6333 yuan / ton compared with the price of the previous day (24 days), with a daily drop of 21.84%; compared with the price of the beginning of the month (33333 yuan / ton on December 1), the average quoted price was down 10677 yuan / ton, with a drop of 32%.
Demand weakened, silicone DMC market continued to fall in December
In December, the trend of organosilicon DMC’s soaring has eased. The firm offer for nearly two months has made the downstream industry strongly resist high prices. The wait-and-see mood of the downstream industry has increased, and the purchasing enthusiasm has also declined. Therefore, on the 2nd of the first month, the leading manufacturers of Shandong organosilicon DMC took the lead in reducing the ex factory offer of organosilicon DMC by 2000 yuan / ton. As of the 13th, the ex factory offer of organosilicon DMC has declined The reference is 32000-33000 yuan / ton. In the following week, some silicone factories lowered their DMC ex factory quotation twice, with a reduction range of 1000-5500 yuan / ton within one week. As of the 21st, the market mainstream quotation was around 28000-30000 yuan / ton. After the decline of silicone DMC, there was no large-scale replenishment in the lower reaches, and most of them were still waiting to fall.
On the 25th, individual manufacturers of silicone DMC in Shandong sharply reduced the ex factory quotation of DMC to 22000 yuan / ton, down by 5000 yuan / ton. The rest of the factories also began to reduce the profit and shipment, and gradually reduced the ex factory quotation of silicone DMC. For a time, “the market dropped a lot”, and the ex factory quotation of silicone DMC was around 22000-23000 yuan / ton. As of December 25, according to the monitoring data of the business community, the average quoted price of silicone DMC was 22666 yuan / ton, down 6333 yuan / ton compared with the price of the previous day (December 24), with a daily drop of 21.84%; compared with the price of the beginning of the month (December 1, reference price of 33333 yuan / ton), the average quoted price was down 10677 yuan / ton, with a drop of 32%.
After the price drops to a relatively low level, the market will maintain stability
At present, the domestic market of silicone DMC has fallen sharply. After a few days, it has fallen to a relatively low space, and new downstream orders have been followed up. Therefore, the silicone DMC Data Engineer of business society thinks that the market of silicone DMC will continue to fall in the short term, and the space is limited, and most of them will maintain stable operation.
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