Price Trend
According to business association monitoring data, this week the silicone market is stable at low prices. At present, the market quotation of DMC is almost bottoming out. The lowest quotation is around 16,000 yuan/ton, and the trader’s quotation is around 18,000 yuan/ton.
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II. Market Analysis
Products: At present, the domestic silicone market as a whole shows a weak operation. This week, the market DMC quotation fell again – 1.80% compared with last week. In terms of start-up, at present, there are some single factories parking maintenance, many single factories adjust the start-up situation, after the adjustment of start-up in about 67 floors.
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Industry chain: Upstream product metal silicon prices rose slightly at the end of May, and maintained a weak and stable operation in mid-June, with low start-up rate and rising market sentiment.
3. Future Market Forecast
Business analysts believe that the start-up rate of several monomer devices began to decline, and the adjustment of the start-up rate should have an impact on the price of silicone DMC, followed by price stabilization or a slight increase.
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