According to monitoring data from Business Society, as of June 30, 2023, the domestic market price of organic silicon DMC was referenced at 14140 yuan/ton, which was reduced by 180 yuan/ton compared to June 1 (organic silicon DMC reference 14300 yuan/ton), a decrease of 1.26%.
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From the data monitoring chart of the Business Society, it can be seen that from June to present (6.1 to 6.30), the overall domestic silicone DMC market has experienced a slight decline. In early June, downstream demand for organic silicon DMC continued to be weak. Shandong large factories slightly lowered the price of organic silicon DMC, leading to a slight decline in the overall market. As of June 15th, the domestic organic silicon DMC market price was around 14000-14500 yuan/ton, with a decrease of 0.84% in the first ten days.
In late June, the overall organic silicon DMC market continued to decline slightly. Due to the continued weak demand and general support for raw materials, the trading atmosphere in the organic silicon DMC market remained mainly light. Some organic silicon DMC suppliers narrowly lowered the prices of organic silicon DMC by around 100-200 yuan/ton. Before and after the Dragon Boat Festival, the supply and demand news of the organic silicon DMC market was relatively calm, with downstream demand being cautious. The overall market consolidation and operation were sideways. As of June 30, the domestic organic silicon DMC market price was around 14000-14300 yuan/ton, with a decrease of 1.26% during the month.
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Prediction of the Future Trend of Organic Silicon DMC Market
At present, the trading atmosphere in the organic silicon DMC market is average, with limited trading of new orders on the market. Weak costs also provide limited cost support for organic silicon DMC. According to the organic silicon DMC data analyst of the Business Society, in the short term, the domestic organic silicon DMC market is mainly adjusted and operated within a narrow range, and the specific trend still needs to pay more attention to changes in supply and demand news.
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