Negative pressure, silicone DMC market price decline intensified

According to the monitoring data of business agency, as of December 9, the average price of organosilicon DMC market quotation in mainstream areas was 26480 yuan / ton. Compared with the price on December 5 (reference price 30600 yuan / ton), the average price was reduced by 4120 yuan / ton, a decrease of 13.46%.

 

Azodicarbonamide (AC foaming Agent)

Entering this week, the overall trend of silicone DMC market continued to run downward under the condition of insufficient support from both supply and demand. Affected by the weak downward trend in the price of raw metal silicon, the support given to silicone DMC in terms of cost is weakened, and the demand performance is still insufficient. Under the dual pressure of cost and demand, at the beginning of this week (December 7), the factory price of silicone DMC in Shandong Province was significantly reduced by 2500 yuan / ton, and the factory price of silicone DMC fell to 27400 yuan / ton, The sharp price adjustment of large manufacturers added a dark cloud to the already gloomy market. Then, in the middle of the week, other large manufacturers also began to reduce the ex factory price of silicone DMC by about 1000-1500 yuan / ton. The confidence of field operators was hit, the bearish mood increased, the wait-and-see mood in the downstream was stronger, the pace of goods preparation was still slow, and the overall demand was still weak. On Thursday (December 9), Shandong large factory once again significantly reduced the ex factory price of silicone DMC to 26000 yuan / ton, with a reduction of 1300 yuan / ton. The raw metal silicon also continued to decline weakly. With the increase of air atmosphere in the field and the pressure of bad factors, other factories and suppliers also began to make large profits and ship goods. The low-end quotation of silicone DMC in the field fell to 25200 yuan / ton, with a maximum drop of nearly 5000 yuan / ton. As of December 9, the quotation of domestic silicone DMC was around 25200-27000 yuan / ton, and the average price was 26480 yuan / ton, with a decrease of more than 13% during the week.

 

 

In terms of index, the silicone DMC commodity index on December 8 was 151.86, down 1.03 points from yesterday, down 53.87% from the highest point of 329.21 in the cycle (2021-10-10), and up 115.71% from the lowest point of 70.40 on July 27, 2016. (Note: the period refers to the period from September 1, 2011 to now)

 

 

Sodium Molybdate

In terms of upstream metal silicon, this week, the domestic metal silicon 441# market as a whole fell. From the perspective of supply-demand relationship, there is a backlog in the inventory of silicon plants, but the transaction at the demand side is cautious and the price is pressed more, resulting in poor shipment of silicon plants and a stalemate in the metal silicon market as a whole. According to the monitoring data of the business agency, on December 9, the metal silicon 441# average price was 23510 yuan / ton, a decrease of 5.62% during the week compared with the beginning of the week.

 

Future trend forecast of silicone DMC Market

 

At present, after the organosilicon DMC price has fallen sharply, the downstream operators are still cautious, the overall performance of downstream demand is general, there is no large-scale replenishment, and the organosilicon DMC data division of business society believes that although the strong support of the demand side has not yet appeared, the current organosilicon DMC market price has fallen to a low point, and there is limited room for significant decline in the future, Therefore, it is expected that the silicone DMC market is dominated by weak consolidation operation, and more attention should be paid to the news changes of supply and demand.

http://www.lubonchem.com/

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