According to the monitoring data of the Business News Agency, as of March 10, 2023, the domestic market price of silicone DMC was 16960 yuan/ton. Compared with the price on March 5, 2023 (the reference price of silicone DMC was 17380 yuan/ton), the price was reduced by 280 yuan/ton, a decrease of 2.42%.

It can be seen from the data monitoring chart of the business agency that at the beginning of March, the domestic silicone DMC market has started a weak decline, and entered this week (3.06-3.10). The decline of the silicone DMC market has not stopped, and the overall focus of the market continues to decline. The main influencing factor for the continuous decline of silicone DMC market comes from the demand side. The overall performance of the downstream demand of the silicone DMC is still calm, the transmission of supply and demand is slow, the new orders received by the downstream are not followed up in time, the overall supply of the silicone DMC is under pressure, the contradiction between supply and demand is emerging, and the silicone DMC market is back to the repair stage. As of March 10, the domestic silicone DMC market price is around 16800-17000 yuan/ton, with a decline of about 200-400 yuan/ton compared with the beginning of the week.

Future trend forecast of silicone DMC market

At present, the supply side of organic silicon DMC is actively regulated. Some factories have shutdown and maintenance plans this month. The overall operating rate of organic silicon DMC has been reduced. The overall downstream demand still needs to be carried out gradually. The supply and demand sides are in tune with each other. The organic silicon DMC data analyst of the business agency believes that in the short term, the domestic organic silicon DMC market is mainly subject to narrow adjustment and operation, and the specific trend needs to pay more attention to the changes in the information on the supply and demand side.