China’s domestic silicone DMC market finally meets steady upward trend

According to the monitoring data of the business community, as of May 20, the reference average price of silicone DMC market in the mainstream areas of data monitoring was 27100 yuan / ton. Compared with May 14 (the reference average price of silicone DMC was 26566 yuan / ton), the average price increased by 534 yuan / ton, or 2.01%. Compared with May 1 (the reference average price of silicone DMC was 27600 yuan / ton), the average price decreased by 500 yuan / ton, or 1.81%.

In May, after the end of the holiday, the market of silicone DMC in China fell sharply. Some factories didn’t receive orders well during the holiday, and the inventory accumulated. On the 7th and 8th, the quotation of silicone DMC factories decreased significantly, by 500-1000 yuan / ton. On the 8th, the ex factory quotation of silicone DMC from a leading silicone DMC factory in Shandong fell to 25200 yuan / ton. After the sharp drop in prices, the lower reaches of the wait-and-see mood is even more serious. They are particularly cautious about buying and hoarding goods. They are afraid that the market will continue to decline, and most of them are negative in the market. On the 11th, a few silicone DMC factories with slightly higher price cut the factory price of silicone DMC again by 200-500 yuan / ton. Then the market maintained a weak operation.

Trading atmosphere heats up domestic silicone DMC market in late May

Until the end of May, on the 17th, a leading chemical enterprise in Shandong Province substantially increased the ex factory quotation of silicone DMC. The price of silicone DMC was increased from 25500 yuan / ton to 26400 yuan / ton, with an increase of 900 yuan / ton. The price increase of a large factory gave the market a certain boost. On the 18th and 19th, the market price of silicone DMC continued to rise steadily. Shandong leading manufacturers continued to raise the ex factory price of silicone DMC to 26800 yuan / ton. Other manufacturers also followed the upward trend. At present, as of the 20th, the silicone market has been closed more and more. The reference price of domestic silicone DMC is around 26800-27500 yuan / ton, and the average price is 27100 yuan / ton. Compared with the 16th of last weekend, the average price has increased by 533 yuan / ton, or 2.01%. Compared with the beginning of last month, the average price has decreased by 500 yuan / ton, or 1.81%.

According to the business news agency, the following is the current DMC price of some domestic silicone enterprises and the start-up of the plant in May (the price is for reference only)

On the downstream side, the price of raw rubber market in the downstream is also rising steadily with the support of the strong trend of silicone DMC in the upstream. The price of raw rubber market is around 28400-29600 yuan / ton.

Silicone DMC market is stable and strong, and it is expected to continue to explore in the later period

At present, in late May, the overall trading atmosphere of domestic silicone DMC market has improved, the downstream stock activity has increased, and the operation of downstream silicone products has also increased. The confidence of the industry is sufficient. Analysts of silicone DMC of business news agency believe that in the short term, the market of silicone DMC is expected to continue to move up, and the specific trend needs to pay more attention to the factors of supply and demand.

POLYVINYL ALCOHOL