According to the monitoring data of the Business News Agency, as of March 10, 2023, the domestic silicone DMC market price reference was 16440 yuan/ton. Compared to the March 12, 2023 (silicone DMC reference price 16960 yuan/ton) price, the price was reduced by 520 yuan/ton, a decrease of 3.07%.
| povidone Iodine |
As can be seen from the data monitoring chart of the Business Agency, this week (3.13-3.17), the overall domestic silicone DMC market showed a continuous weak decline. During the week, Shandong large factories successively lowered the shipment price of organosilicon DMC, with a cumulative decrease of around 800 yuan/ton during the week. Other factories also mostly followed the decline in organosilicon DMC quotations. As of March 17, the domestic organosilicon DMC market price reference was around 16000-16800 yuan/ton.
The main factor affecting the market trend of organosilicon DMC is demand. Currently, the overall downstream demand for organosilicon DMC is weak, and the supply and demand transmission is slow. The lack of follow-up on new orders is difficult to support the relatively high price of organosilicon DMC after its early rise. Therefore, the overall market situation of organosilicon DMC has eased and declined.
| Azodicarbonamide (AC foaming Agent) |
Prediction of the future trend of silicone DMC market
Currently, although the supply side of silicone DMC has been actively regulated, the overall supply side on the market is still on the high side. The supply side has given some pressure, and the overall supply and demand support is relatively weak. According to the silicone DMC data analyst of the business agency, in the short term, the domestic silicone DMC market will mostly be adjusted and operated in a weak and narrow range, and the specific trend needs to pay more attention to the changes in information on the supply and demand side.
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