According to monitoring data from Business Society, as of April 17, 2024, the domestic organic silicon DMC market price reference was 13840 yuan/ton. Compared with April 14 (organic silicon DMC reference was 14500 yuan/ton), the price decreased by 660 yuan/ton, a decrease of 4.55%.
From the data detection chart of the organic silicon DMC products of the Business Society, it can be seen that this week (4.14-4.17), the overall weak and declining domestic organic silicon DMC market, and the focus of organic silicon DMC negotiations continues to decline. At the beginning of the week, the price of organic silicon DMC in Shandong’s major factories remained stable at a low level, with a reference of around 13700 yuan/ton. The organic silicon DMC of leading companies has been adjusted downwards to around 14000 yuan/ton, and the high prices in the early stage of the market have been continuously lowered, resulting in a narrowing of the price difference between high and low organic silicon DMC. During the mid week period, the price of organic silicon DMC from Shandong’s major factories was lowered to around 13500 yuan/ton, and the overall low market price continued to decline. As of April 17th, the domestic market price of organic silicon DMC is based on around 13500-14000 yuan/ton.
Analysis of influencing factors
In terms of demand: Currently, the trading atmosphere on the organic silicon DMC market is light, and downstream demand continues to be weak. The demand side lacks support for the organic silicon DMC market.
On the supply side, although some factories are operating at a reduced rate, due to the slow transmission of supply and demand, there is still pressure on the supply of organic silicon DMC on-site, making it difficult for the supply side to provide effective support to the organic silicon DMC market.
In terms of cost: Recently, although the metal silicon market has stopped falling and stabilized, the overall situation has not improved significantly. Therefore, the support for organic silicon DMC in terms of cost is also average.
Price situation of organic silicon DMC in some regions of China
Region/ Product/ April 17th
Shandong region/ Organic silicon DMC/ 13500-14000 yuan/ton
Zhejiang region/ Organic silicon DMC/ 13500-14000 yuan/ton
Southwest region/ Organic silicon DMC/ Around 14000 yuan/ton
Northwest region/ Organic silicon DMC/ Around 14000 yuan/ton
Hubei region/ Organic silicon DMC/ Around 14000 yuan/ton
Prediction of the future trend of organic silicon DMC market
At present, the atmosphere of new inquiries for organic silicon DMC in the market is average. As the market price of organic silicon DMC drops to a low level, large factories have a strong stabilizing mentality. According to the organic silicon DMC analyst of Business Society, in the short term, the market situation of organic silicon DMC will mostly be weak with slight adjustments. More attention should be paid to the changes in supply and demand information.
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