Negative spread, silicone DMC prices fell again

According to the monitoring data of business society, as of December 15, the average price of organosilicon DMC market in mainstream areas was 24300 yuan / ton, which was 1740 yuan / ton, down 6.68% compared with the price on December 10 (reference price 26040 yuan / ton). Compared with the price on December 1 (reference price 30800 yuan / ton), the average price was 6500 yuan / ton, down 21.10%.

 

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It can be seen from the data monitoring chart of the business society that since the beginning of December, the domestic silicone DMC market has continued to run downward. This week, the silicone DMC continued to fall deeply. On the 13th of the week, a large chemical plant in Shandong lowered the ex factory price of silicone DMC again by 700 yuan / ton, and the silicone DMC of the plant decreased to 23500 yuan / ton. There was a strong empty mood in the field, and the phenomenon of closing the market increased, On the 14th, the actual orders of some factories were reduced by 500-1000 yuan / ton. The mainstream price in the field was around 23500-25500 yuan / ton. The downstream demand was cautious. The market of upstream raw material metal silicon was weak, and the cost support for silicone DMC was still loose. On the 15th, individual high-end quotations in the domestic silicone DMC market continued to be reduced, and the difference between high and low prices in the field was shortened, The ex factory price of silicone DMC is around 23500-25000 yuan / ton, and the average price is 24300 yuan / ton, a decrease of 6.68% this week. At present, the downstream demand of silicone DMC is still cautious, and the bearish mood in the field is spreading, focusing on just needed procurement.

 

In terms of index, the silicone DMC commodity index on December 14 was 126.29, down 4.23 points from yesterday, down 61.64% from the highest point of 329.21 in the cycle (2021-10-10), and up 79.39% from the lowest point of 70.40 on July 27, 2016. (Note: cycle refers to the period from September 1, 2011 to now)

 

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In terms of upstream metal silicon, this week, the domestic #441 metal silicon market operated weakly and stably. Since the beginning of this month, the domestic #441 metal silicon market has continued to decline. In this week, the overall market has stopped falling and stabilized. According to the monitoring data of business society, as of December 14, the reference price of domestic #441 metal silicon was 22370 yuan / ton, a decrease of 20.05% compared with the beginning of this month.

 

Future trend forecast of silicone DMC Market

 

At present, the market price of organosilicon DMC has fallen to a relatively low point. The operators have a strong attitude of seeking stability, the downstream demand is generally improved, and the overall maintenance just needs replenishment. The organosilicon DMC data division of business society believes that in the short term, the organosilicon DMC market will mainly be weakly stable, and more attention needs to be paid to the news changes of supply and demand.

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