Organic DMC prices fell by 3.38% in May

According to the monitoring data of the business community, as of May 30, the reference average price of silicone DMC market in the mainstream areas of data monitoring was 26666 yuan / ton, which decreased by 933 yuan / ton, or 3.38%, compared with May 1 (reference average price of silicone DMC was 27600 yuan / ton).

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In early May, the domestic silicone DMC market fell sharply, down 3.74% in half a month

In the first ten days of May, after the return of May Day, the domestic silicone DMC market suffered a sharp decline, and the market was bad. The inventory of individual factories accumulated in the holiday days. After the holiday, it was common for factories to yield profits and deliver goods. Some factories began to sharply reduce the ex factory price of silicone DMC by more than 1000 yuan / ton. However, the lower price did not bring about a large-scale replenishment in the downstream. The downstream still maintained a rigid demand procurement, and the overall trading atmosphere was cautious. As of May 15, the price of silicone DMC had been reduced by more than 1000 yuan / ton, The mainstream market quotation of silicone DMC is around 25500-27200 yuan / ton, and the low-end quotation falls to 25200 yuan / ton. Compared with the price at the beginning of the month, the price of silicone DMC falls by 3.74% in half a month.

In late May, although the market of silicone DMC recovered for a short time, it still fell as a whole. ”

In late May, the atmosphere of domestic silicone DMC market warmed up. Mainly due to the influence of environmental policy, the operating rate of monomer plants decreased in late May, the supply of spot goods on the floor was tight, the market sealing phenomenon increased, and the overall trading atmosphere gradually warmed up. From the 17th, some factories continuously increased the ex factory price of silicone DMC. In just four days, the ex factory price of silicone DMC was back to the highest value in the current month, According to the data monitoring of business news agency, on the 21st, the reference factory price of silicone DMC was 27100 yuan / ton. Compared with the 15th, the average price of silicone DMC increased 534 yuan / ton, or 2.01%. Among them, the silicone DMC of a monomer factory in Shandong Province increased the most, by 1600 yuan / ton. On the 21st, the mainstream quotation of silicone DMC market was around 26800-27500 yuan / ton.

However, after staying at a high level for a few days, on the 24th, some factories in Shandong lowered the ex factory price of silicone DMC again to 25800 yuan / ton, down by 1000 yuan / ton. The sharp drop in price brought a heavy wait-and-see mood to the market. Many manufacturers continued to close the offer, and the downstream also took a cautious attitude towards the market. By the end of the month, the market had slightly warmed up, but there was no big rise. As of the 31st, the factory price reference of silicone DMC was 26000-27300 yuan / ton, and the average price reference was 26666 yuan / ton. Compared with the price at the beginning of the month, the overall market of silicone DMC fell by 3.38% in May.

On the downstream side, the overall market of 107 glue and silica gel in May was weak. The support given by the raw material silicone DMC was not enough. The market trading atmosphere was general, but the low operating rate gave some support to the market. The overall market of 107 glue was stable and weak. As of the 31st, the factory quotation of 107 glue was around 27000-28000 yuan / ton.

Future trend forecast

At the end of the May, the market of organic silicon DMC had risen slightly, the overall atmosphere had improved, the downstream demand was replenishment, the acceptance of raw materials for stable adjustment was improved, and the confidence of organosilicon DMC industry has been restored. Therefore, business analysts believe that in June, the domestic silicone DMC market will continue to operate steadily and steadily, and more attention should be paid to the changes of supply and demand side.

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