Narrow-Range Rise of Silicone DMC on September 11

Price Trend

According to the monitoring data of business associations, as of September 11, the average price of silicone DMC market in several mainstream areas monitored by data was 2 1133.33 yuan/ton. Compared with September 10, the price of silicone DMC market rose by 34 yuan/ton, up by 0.16%. Today, the price of silicone DMC market is around 20 700-21 500 yuan/ton.

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II. Market Analysis

Product: Prior to the Mid-Autumn Festival, the market of silicone DMC turned slightly in mid-week (September 11), some low-price suppliers’quotations have been retracted, the single factory’s bid mentality has been strengthened again, the double-section is coming, 20-25 this month, some single devices have a full-line parking plan, so there is no short-term inventory. There will be a significant rise, downstream enterprises may have a certain willingness to stock up before the holidays, so the market sentiment has risen again, monomer factories have increased DMC quotations. At present, the lowest quotation of silicone DMC market is around 20700 yuan/ton (water outlet), and the highest quotation is around 21800 yuan/ton.

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Industry chain: Silicone DMC downstream products, silicone oil and silica gel prices are also explored in a narrow range, 107 gel prices are still strong, some enterprises increase their quotations, heard that in the market, low inventory holders are increasing their quotations by 1000 yuan/ton, the bullish sentiment of major manufacturers is increasing, still need to pay more attention to the market transaction information.

3. Future Market Forecast

Business analysts believe that: in late September, whether the market of silicone DMC can rise all the way remains to be seen, and the specific rise and fall is also closely related to the uncertain market environment upstream and downstream supply and demand.

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