According to the monitoring data of the business community, as of June 8, the reference average price of silicone DMC market in the mainstream areas of data monitoring was 27100 yuan / ton. Compared with June 1 (26666 yuan / ton), the average price increased by 433 yuan / ton, or 1.62%. Compared with may 24 (26433 yuan / ton), the average price increased by 677 yuan / ton, or 2.52%.
At the end of May, the domestic silicone DMC began to warm up slightly after the trough.
Strong supply and demand support, silicone DMC rose steadily in June
In June, with the support of many favorable factors, the domestic market price of silicone DMC continued to rise steadily. In terms of raw materials, the high-level operation of metallic silicon provides effective cost support for silicone DMC. On the demand side, the downstream demand gradually stabilized, the number of orders increased, and the orders of silicone DMC monomer factories in some regions were arranged until the middle of June. The overall trading atmosphere of the market is good. On June 4, the ex factory price of silicone DMC of Shandong’s leading factories was increased to 26800 yuan / ton, with an increase of 800 yuan / ton compared with the end of May. Other silicone DMC factories also slightly increased the ex factory price of silicone DMC, with an increase of 200-300 yuan / ton. After the rise, the market conducted smoothly, and the overall operation was stable and relatively strong. On the 8th, the market price of silicone DMC rose slightly again by 200-300 yuan / ton. At present, as of the 8th, the reference price of domestic silicone DMC was 26800-27300 yuan / ton. According to the data monitoring of the business agency, the reference average price of silicone DMC was 27100 yuan / ton, up 433 yuan / ton, or 1.62% compared with June 1, Compared with the previous low in May (the reference price of silicone DMC on May 24 was 24633 yuan / ton), the price increased by 2.52%.
On the upstream side, in May 2021, the price of upstream silicon metal (441 #) was strong. According to the data of business news agency, the average market price of domestic metallic silicon (441) on May 31 was 13991.67 yuan / ton, up 7.49% compared with the average market price of 13641.67 yuan / ton at the beginning of may (5.1). The increase was mainly in the first ten days of May, and the price of silicon metal (441) remained stable in the second half of the month. In June, silicon metal continued to run at a high level. As of the 8th, the market price of silicon in Fujian remained stable. The current price range is 13300-13400 yuan / ton, and the average market price is 13300 yuan / ton; The current price range is 13800-13900 yuan / ton, with an average price of 13850 yuan / ton; The price of silicon metal in Shanghai is stable. The current price range is 14600-14800 yuan / ton, with an average price of 14700 yuan / ton; The current price range is 14100-14200 yuan / ton, and the average market price is 14150 yuan / ton; The market price of ᦇ 441 silicon in Tianjin port area rose slightly. At present, the price transaction range is 14200-14300 yuan / ton, and the average market price is 14250 yuan / ton.
On the downstream side, with the support of raw material silicone DMC, the market prices of downstream 107 glue and silica gel are stable, medium and strong, the market prices are increased sporadically, and the atmosphere of mutual support between upstream and downstream is strong. It is expected that the overall 107 glue market will be stable, medium and upward in the short term.
Future trend forecast
At present, the overall trading atmosphere of the domestic silicone DMC market has improved, and the previous downturn has basically disappeared, with strong supply and demand support from upstream and downstream. Therefore, the silicone DMC analysts of the business community believe that there is still room for the domestic silicone DMC market price to continue to rise in the short term.