Is it time for silicone DMC to rebound?

According to the monitoring data of the business community, as of January 15, the reference average price of silicone DMC market in the mainstream areas of data monitoring was 21500 yuan / ton, which was 167 yuan / ton higher than that of working day (reference average price of 21333 yuan / ton on January 12), and 333 yuan / ton lower than that of January 1, 2021 (reference price of 21833 yuan / ton), with a decrease of 1.53%.

 

After falling, silicone DMC finally ushered in low price upward

 

At the end of 2020, the market of silicone DMC in China dropped rapidly. In January 2021, the market of silicone DMC was still weak and weak. The quoted price of mainstream silicone DMC factories was 21000-23000 yuan / ton, and the quoted price of low end was 20500 yuan / ton. Although the price dropped to a reasonable level, the downstream purchasing atmosphere continued to be light and the demand was cautious. In the middle and first ten days of January, on the 11th, Shandong Longcheng Pharmaceutical Co., Ltd The price of DMC in most of the other factories basically remained at the beginning of the month, and some factories closed their offer. This sharp decline brought considerable benefits to the downstream market. Then on the second day, the downstream supplementary orders increased, and the trading atmosphere turned better. From the 13th to the 15th, the leading enterprises were in the market After reducing the price of silicone DMC for several consecutive days, the factory price of silicone DMC was finally slightly increased by 300-500 yuan / ton. At present, the factory price of silicone DMC is 19500-19700 yuan / ton.

 

A small rebound gives the industry confidence, short-term silicone DMC will be more stable and stronger operation

 

Organosilicon DMC market has been falling for more than a month, and the price has been hovering at a low level for more than half a month. At present, driven by leading enterprises, the market is in a stalemate, the downstream compensation is more active, and new orders of factories are increasing. The olive branch of the price increase thrown by leading enterprises is just a light to illuminate the current market downturn atmosphere, give the industry confidence, coupled with the Spring Festival As the pace of the market is getting closer and closer, the downstream goods preparation will be started one after another. Therefore, the analysts of silicone DMC in the business community believe that in the short term, the domestic silicone DMC as a whole will run stably, moderately and strongly. With the increase of demand, the market may usher in a sustained and steady rebound.

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