According to the monitoring data of the business community, as of December 23, the reference average price of silicone DMC market in the mainstream areas of data monitoring was 29000 yuan / ton, which was 2333 yuan / ton lower than a week ago (reference price 31333 yuan / ton on December 14), a decrease of 7.45%; and 4333 yuan / ton lower than the price at the beginning of the month (reference price 33333 yuan / ton on December 1), a decrease of 13%.

Since December, the market of silicone DMC has been weak and downward

In the first ten days of December, China’s domestic silicone DMC market showed a weakening trend. The main reason is that the high and firm price of silicone DMC in recent years has made the downstream unable to bear. The resistance to the high price has increased, and the purchasing enthusiasm has also declined. Therefore, we should be more cautious and wait-and-see. However, due to the fact that the silicone DMC factories still deal with the early orders, the spot supply is always tight. Therefore, although the silicone DMC was in a weak situation at the beginning of this month, only a few factories with high offer lowered the ex factory quotation of silicone DMC by 2000 yuan / ton, and most other factories still maintained firm quotation. As of December 13, the high-end offer of silicone DMC market is around 32500-33000 yuan / ton.

In late December, on December 14, a leading silicone DMC manufacturer in Shandong sharply reduced the ex factory quotation of silicone DMC by 3500 yuan / ton, and the ex factory quotation of silicone DMC dropped to 29000 yuan / ton. Most of the other factories closed the silicone DMC once again. On the 16th and 17th, Shandong Dachang lowered the ex factory quotation of silicone DMC to 27000 yuan / T. In this week, the downstream demand is still insufficient, and the market is running in a weak position. The closed offer is common, and most of them do not offer. The manufacturer’s quotation of silicone DMC is reduced by 500-1000 yuan / ton.

At present, the news of silicone DMC market is relatively calm. After the decline of silicone DMC, there is no large-scale replenishment in the downstream, and most of them are still waiting to fall. At present, there are a small number of stock holders in East China, and the market quotation is around 28000-30000 yuan / ton.

As of December 23, according to the monitoring data of business agency, the average price of silicone DMC market quotation in the mainstream areas of data monitoring was 29000 yuan / ton, which was 2333 yuan / ton or 7.45% lower than that one week ago (reference price of 31333 yuan / ton on December 14), and 4333 yuan / ton or 13% lower than that at the beginning of the month (reference price of 33333 yuan / ton on December 1).

On the upstream side, since December, China’s metal silicon market has been stable and slightly down, As of December 23, 2020, Fujian ᦇ 441 silicon market price is stable, the current price range is 13400-13600 yuan / ton, with an average market price of 13500 yuan / ton; Huangpu port area ා 441 silicon market price is reduced by 50 yuan / ton, the current price range is 14000-14100 yuan / ton, and the average market price is 14050 yuan / ton; the metal silicon market in Shanghai is stable, with the current price range of 14800-15000 yuan /The average price is 14900 yuan / ton. According to the data monitoring of business agency, the reference price of silicon metal is 14025 yuan / ton, which is 0.72% higher than that on December 1 (13925 yuan / ton).

Demand cautious short term silicone DMC weak finishing operation

At present, the market of silicone DMC is weak and stable, and the purchasing power of downstream is weakened. In addition, the support of raw materials is also relatively weak in the early stage, and many factories are closed. Therefore, the business society silicone DMC data division believes that in the short term, the silicone DMC market will be mainly based on maintaining stability and finishing operation.