After a 15% rise in June, the price of silicone DMC remained high in July. According to the monitoring data of the business community, as of July 8, the average quoted price of silicone DMC in the mainstream area of data monitoring was 30566 yuan / ton, which was increased by 3900 yuan / ton or 14.62% compared with June 1 (26666 yuan / ton).
It can be seen from the monitoring chart of the price trend of silicone DMC products by the business community that the market of silicone DMC in China rose sharply in June, with a rise of 15% in the whole month. At the beginning of June, silicone DMC started a steady upward path under the support of high raw materials. Then, there was an emergency in Xinjiang. Most people in the industry believed that the emergency would bring more tension to the market in the short term. Therefore, the market trend of silicone DMC in the later period was mostly bullish. Therefore, the lower reaches were in a positive state of hoarding under the fear of rising, Trading atmosphere.
With the support of various favorable factors, silicone DMC rose sharply after the Dragon Boat Festival. The biggest increase of silicone DMC in monomer factory after the festival reached 3000 yuan / ton. According to the data monitoring of business society, on June 17, the average price of silicone DMC exceeded 30000 yuan / ton, with reference to 30733 yuan / ton, and the high-end offer of silicone DMC was around 31600 yuan / ton. In late June, the market of silicone DMC was stable after a slight decline.
In July, the silicone DMC continued to operate at a high and stable level. As of July 8, the factory reference value of silicone DMC in mainstream areas was around 30500 yuan / ton, and the overall market price remained at a high level.
Upstream, in June, silicon metal market rose as a whole, into July, the market continued to explore a small margin. On July 7, the mainstream price of silicon metal was 14408.33 yuan / ton; Compared with the same period last month, it increased by 2.97%. From the perspective of raw materials, most of the coal plants have been shut down for a century, and the safety inspection after the accident in the coal industry has been superimposed. Most of the main supply areas of coal mines are out of stock. From the export point of view, due to the shortage of domestic supply, foreign downstream trade actively replenished, and the price of export trade sheet rose accordingly.
Future trend forecast
At present, the orders of monomer factories are mostly scheduled until mid July. Affected by the high price of raw materials, the downstream demand may be slightly weakened in the future, but the inventory pressure of silicone DMC is still small. Therefore, the silicone DMC analysts of the business community believe that the silicone DMC market will continue to run at a high level in the short term.
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