Supply and demand are weak, and domestic silicone DMC returns to the era of 30000 yuan

According to the monitoring data of business society, as of November 10, the average price of organosilicon DMC market quotation in mainstream areas was 31500 yuan / ton. Compared with the price on November 7, 2021 (the reference price was 40000 yuan / ton), the average price was reduced by 8500 yuan / ton, a decrease of 21.25%; Compared with the price on November 1, 2021 (the reference price is 46666 yuan / ton), the average price is reduced by 15166 yuan / ton, a decrease of 32.5%.

EDTA

Last week, the domestic silicone DMC market fell sharply, and the industry was deeply worried. This week, most large factories did not offer on Monday (8th) to digest the impact of the market trend of the previous week. Individual cargo holders actively sold their goods, and the low-end quotation of silicone DMC was as low as 32000-33000 yuan / ton. On September 9, Shandong chemical plant significantly reduced the ex factory price of silicone DMC to 31000 yuan / ton, which was 9000 yuan / ton lower than the previous trading day. The quotations of other monomer plants were mostly referred to around 33000-34000 yuan / ton. The transaction was loose and negotiable. The cost support given by the continuous decline of raw metal silicon was gradually weakened. There was strong bearish sentiment in the market, mainly waiting in the downstream, and the trading atmosphere was cold, We are cautious in purchasing and fear that the market will continue to decline. Under the condition of weak supply and demand, silicone enterprises have a strong willingness to ship, and the inventory pressure is also increasing. On the 10th, Shandong big factory once again lowered the ex factory price of silicone DMC to 30000 yuan / ton, and other monomer factories have also offered profits to ship. The quotation reference is around 32000-33000 yuan / ton, and the average price is around 31500 yuan / ton, There is still room for profit from many transactions. So far, the silicone DMC market has returned to the 30000 era.

According to the business agency, the following is the current price of silicone DMC in some parts of China (for reference only, unit: yuan / ton)

region November 9th November 10th Rise and fall

Shandong region thirty-one thousand thirty thousand – one thousand

East China thirty-four thousand thirty-two thousand – two thousand

Northwest China thirty-three thousand thirty-two thousand – one thousand

Sodium Molybdate

In terms of upstream metal silicon, this week, the domestic 441# metal silicon price continued to weaken, with an average price of 30250 yuan / ton in the domestic market. The dry season in Sichuan, the main production area, is approaching, and Xinjiang is subject to power restriction and production reduction. Superimposed on the weak metal silicon market, the silicon price continued to weaken. The weakening demand is due to the strong bearish sentiment of downstream aluminum alloy enterprises, mainly on the sidelines, the limited power of polysilicon and other factors, and the output only remains weak and stable. According to the monitoring data of business society, the reference price of metal silicon was 30250 yuan / ton on November 9, a decrease of 24.3% compared with November 1 (39958 yuan / ton).

Future trend forecast of silicone DMC Market

At present, in the face of the sharp decline of raw materials in the downstream, orders have increased in the past two days. In addition, after the decline of metal silicon in the upstream has gradually stopped and stabilized, the cost support will also increase. At present, silicone DMC has fallen to a low level. Therefore, silicone DMC datagraphers believe that the silicone DMC market will be able to consolidate and operate stably in the short term, Manufacturers mainly offer multidimensional and stable prices, and there is little chance of another sharp decline in the market. Specifically, we need to pay more attention to the trend changes of supply and demand.

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