Silicone DMC supply and demand game continues

According to the monitoring data of the business community, as of January 6, the reference average price of silicone DMC market in the mainstream areas of data monitoring was 21833 yuan / ton, which was basically the same as the price a week ago; compared with the price on December 1, 2020 (reference price of 33333 yuan / ton), the average price decreased by 11500 yuan / ton, a decrease of 34.50%.

 

Melamine

By the end of 2020, DMC will reduce its quotation three times, and the market will return to the era of 20000 +

 

From the beginning of December 2020, affected by the weakening of downstream demand and blocked conduction, on the 2nd, the market of silicone DMC fell sharply for the first time in the month, with a maximum reduction of 2000 yuan / ton. The reference price of silicone DMC was 32000-33000 yuan / ton. The downstream demand was not significantly boosted, and then the market continued to fluctuate and fall. On the 25th, for the second time in the month, silicone DMC manufacturers sharply reduced the ex factory quotation of DMC by 5000 yuan / ton. The low-end quotation of DMC fell to 22000 yuan / ton, and the market “fell continuously”. Near the end of the month, on the 29th, the leading enterprises of organic silicon lowered the ex factory quotation of DMC for the third time in the month. The low-end quotation of organic silicon dropped to 20500 yuan / ton, while the mainstream quotation of other factories was around 21000-22500 yuan / ton.

 

Weak stability enters 2021, supply and demand game of silicone DMC continues

 

In January 2021, the market trend of silicone DMC maintains a weak and stable operation. The transaction price of mainstream areas remains stable around 21000-23000 yuan / ton, and the interval adjustment is not much. The quotation of leading enterprise silicone DMC maintains a stable price of 20500 yuan / ton. At present, there is no trend of goods preparation before the Spring Festival in the downstream, the overall trading atmosphere of the market is cold, the procurement is also more cautious, and the demand is insufficient to support the rise of silicone market The game between supply and demand of silicone DMC is still going on. As of January 6, the average quoted price of silicone DMC in mainstream areas was 21833 yuan / ton, which was basically the same as that of a week ago. Compared with December 1, 2020 (reference price: 33333 yuan / ton), the average price was reduced by 11500 yuan / ton, a decrease of 34.50%.

 

With the increase of maintenance, the market of DMC will be more stable and stronger in the future

 

At present, the market of silicone DMC is weak, and the downstream response is not big. However, as the market price has dropped to the basic level at that time, there is little room to continue to fall. In addition, it is heard that some monomer plants in Shandong will be shut down for maintenance in the early spring festival, and the overall operating rate of the plant will drop. The inventory in the plant may be tight, and the market price may be slightly boosted. Therefore, the silicone DMC Data Engineer of the business community believes that the organic DMC market is stable The future market of silicon DMC will be stable and strong.

http://www.lubonchem.com/

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>