According to the monitoring data of the business community, as of April 23, the average quoted price of silicone DMC in the mainstream area of data monitoring was 28066 yuan / ton, which was 267 yuan / ton lower than that on April 19 (28333 yuan / ton), a decrease of 0.94% in the week; Compared with the reference average price of silicone DMC of 29233 yuan / ton on the first day of the month, the average price decreased by 1167 yuan / ton, or 3.99%.
In the first ten days of April, the domestic silicone DMC market was stable with a small margin. The offer prices of individual factories were lowered, the number of new orders in the downstream increased and decreased, and the wait-and-see sentiment in the market gradually intensified.
Nearly in the middle of the month, on the 12th, lubon Industry Co., Ltd. sharply lowered the ex factory quotation of silicone DMC to 26400 yuan / ton, which immediately caused an uproar in the market and increased the worries of the industry about the future market. After the market suddenly went down, on the 14th and 15th, the market price was temporarily pulled back in the low valley, and the reduction of downstream orders was difficult to support the sustained recovery. The silicone DMC market entered the shock stage, and the market went down again.
At the beginning of this week, the silicone DMC market entered a stable operation mode from the early shock. Towards the end of the week, the market showed signs of weakness. The offer price of silicone DMC in some factories was reduced by about 300-500 yuan / ton at the end of the week, and the low-end quotation was reduced to 25700 yuan / ton. As of the 23rd, the average ex factory price of silicone DMC was 28066 yuan / ton, Compared with the price on Monday (19th), the average price decreased by 267 yuan / ton, or 0.94%, and compared with the price on the 1st of this month, the average price decreased by 1167 yuan / ton, or 3.99%.
In the short term, DMC will continue to be weak
At present, although silicone monomer plants have pre order processing, the ability to increase new orders has weakened. The downward adjustment of silicone DMC prices by individual large plants also affects the mood of downstream enterprises. At present, the wait-and-see situation is increasing. Therefore, the silicone DMC analysts of business community believe that the silicone DMC Market will pick up sharply in the short term, showing a little weakness, Most of them will continue the weak sorting operation.
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