According to the monitoring data of the business community, as of February 3, the average quoted price of silicone DMC in the mainstream area of data monitoring was 21433 yuan / ton. Compared with the end of January (reference average price of silicone DMC on January 31, 21066 yuan / ton), the average price increased by 367 yuan / ton, or 1.74%; compared with the price on January 1, 2021 (reference price of 21833 yuan / ton), the average price decreased by 400 yuan / ton, or 1.83%.

With the Spring Festival approaching, DMC gains steadily

At the end of January, the domestic silicone DMC market was stable and upward. Recently, there were more pre orders received by monomer factories, and the confidence of the industry increased. Some factories also received limited orders, and the market was generally positive.

In February, silicone DMC rose steadily again. A large factory in Shandong raised the ex factory quotation of silicone DMC by 500 yuan / ton in two days. Other factories also raised the ex factory quotation of silicone DMC by 200-300 yuan / ton. On February 3, the mainstream reference quotation of silicone DMC was around 21300-22000 yuan / ton. At present, in terms of demand, as the Spring Festival is approaching, the early preparation of goods has been completed one after another, and due to the limitation of logistics and transportation outage, the downstream factories have been shut down and on vacation one after another. This month, the downstream replenishment has gradually turned into just demand, and the market has remained stable. In terms of supply, the current plant of silicone DMC is open or shut down, and the overall arrangement of orders is based on orders.

As of February 3, the reference average price of silicone DMC market in mainstream areas of data monitoring was 21433 yuan / ton, which was 367 yuan / ton higher than that at the end of January (reference average price of silicone DMC was 21066 yuan / ton on January 31), or 1.74%; and 400 yuan / ton lower than that on January 1, 2021 (reference price was 21833 yuan / ton), or 1.83%.

Before the festival, the silicone DMC market is mainly stable

At present, the market price of organosilicon DMC is still reasonable after a steady correction. Some organosilicon DMC manufacturers receive orders in a limited amount, so they are confident that they will continue to be bullish after the festival. In addition, the current price has little risk for downstream replenishment and hoarding. Therefore, it is expected that the market of organosilicon DMC will fall slightly in the short term, and the overall market will be stable.