According to monitoring data from Business Society, as of November 3, 2023, the domestic market price of organic silicon DMC was referenced at 14660 yuan/ton. Compared with November 1 (organic silicon DMC reference 14780 yuan/ton), the price was reduced by 120 yuan/ton, a decrease of 0.81%.

Entering November, the overall weak and narrow decline in the silicone DMC market. The quotation of Shandong Dachang Organosilicon DMC is based on 14700 yuan/ton, but the actual transaction price has been adjusted to 14500 yuan/ton. The leading Dachang Organosilicon DMC prices in Zhejiang remain stable at around 14500-14700 yuan/ton, while in North China, the price of Organosilicon DMC is based on 14700 yuan/ton, with a price reduction of 100 yuan/ton. An industry insider stated that there are currently small factories in Shandong province with a price reference of around 14300 yuan/ton for organic silicon DMC.

In terms of demand: Currently, the downstream demand for organic silicon DMC is generally limited, and downstream customers have a general mood for stocking and restocking. Some downstream customers have received pre orders one after another, and their overall purchasing enthusiasm has weakened. In addition, the implementation of new orders at the terminal is slow, and the willingness of organic silicon DMC to directly purchase downstream is not strong. Therefore, the current market support for organic silicon DMC in terms of demand is average.

On the supply side: Currently, there has been little change in supply news. Due to downstream demand constraints, the pace of shipments in some regions has slowed down. However, in the early low stage of the market, some factories have received orders well, and the overall supply pressure is still not high. Therefore, overall, the current market situation of organic silicon DMC is mostly influenced by the demand side.

In terms of cost: Currently, entering November, there has been a slight decline in the upstream raw material metal silicon market, and the weak raw material market has provided average cost support for organic silicon DMC.

Prediction of the Future Trend of Organic Silicon DMC Market

At present, the trading atmosphere in the organic silicon DMC market is average. Although there is a strong wait-and-see sentiment in the downstream and overall demand support is average, there has been no significant fluctuation in the market prices of leading large factories. Therefore, the overall market price adjustment space is limited. According to the organic silicon DMC data analyst of the Business Society, in the short term, the domestic organic silicon DMC market mainly adjusts and operates in small intervals, and more attention is paid to the changes in supply and demand news.