According to the monitoring data of the business agency, as of September 6, according to the data monitoring of the business agency, the average price of silicone DMC market quotation in the mainstream regions of China is referenced at 19320 yuan / ton, which is 320 yuan / ton lower than the price on September 1, 2022 (reference price of 19640 yuan / ton), a decrease of 1.63%.

It can be seen from the data monitoring chart of the business community that in the first ten days of August, with the support of the high raw material market, the focus of the silicone DMC market was also moving upward. However, with the fall of the raw material market in the second ten days, the cost support became weaker, and the silicone DMC market was also weak. In September, the appearance of traditional Jinjiu in the silicone DMC market was not obvious. In the first two days of the month, the silicone DMC market was still dominated by the continuation of the decline at the end of August. Some suppliers with higher prices in the previous period continued to adjust the silicone DMC price downward, and the gap between the high and low prices in the silicone DMC market narrowed. Then the market was weak and consolidated, and there was no obvious rise and fall. It can be said that the adjustment of the rise and fall in the market was more cautious. Until September 5, Shandong large factories slightly increased the ex factory price of silicone DMC, with a cumulative increase of around 200 yuan / ton in the past two days. Other monomer factories and suppliers mostly kept stable quotations. At present, as of September 6, the domestic silicone DMC market price is around 18900-19800 yuan / ton.

In terms of upstream metal silicon, since September (9.1-9.5), the domestic metal silicon (Product Name: 441 #) market has shown an overall upward trend. According to the data monitoring of business news agency, on September 5, the reference price of metallic silicon was 19760 yuan / ton, an increase of 1.02% compared with September 1 (19560.00 yuan / ton).

Silicone DMC market forecast

In recent days, the market of raw metal silicon has recovered, which has led to a slight rise in the market of silicone DMC. The overall trend of the silicone DMC market is relatively conservative, and the rhythm of downstream stock preparation before the festival is slowly opened. The silicone DMC data analyst of business club believes that in the short term, the domestic silicone DMC market will mainly operate in a stable and small dynamic range, and the specific trend needs to pay attention to the news changes on the supply and demand side.