According to the monitoring data of the Business News Agency, as of March 3, 2023, the market price of domestic silicone DMC was referred to as 17380 yuan/ton. Compared with the price of February 26, 2023 (the reference price of silicone DMC was 17660 yuan/ton), the price was reduced by 280 yuan/ton, or 1.59%.

It can be seen from the data monitoring chart of the Business Agency that this week (2.27-3.03), the domestic silicone DMC market as a whole rose steadily and fell slightly. At the beginning of the week, Shandong Big Factory successively lowered the ex-factory price of organosilicon DMC, which fell to about 16800 yuan/ton. Subsequently, the transaction at low prices in the market improved, and the prices of large factories did not show any obvious performance of profit yield, and remained basically stable until the end of the week. At present, the overall downstream demand of organosilicon DMC terminal is general, and the digestion of raw materials is relatively slow. Some organosilicon DMC suppliers have also followed the large manufacturers to reduce their prices slightly. The leading large manufacturers still keep the initial quotations stable, and the difference between high and low prices in the organosilicon DMC field has widened. As of March 3, the market price of domestic silicone DMC was around 16800-17500 yuan/ton.

Future trend forecast of silicone DMC market

At present, the supply side of silicone DMC is still relatively loose, and the supply side is generally supported. In terms of cost, although the market of raw materials has declined slightly, the support for the silicone DMC market is still limited. The current downstream demand still plays a key role in the trend of the silicone DMC market. The silicone DMC statistician of the business agency believes that in the short term, the domestic silicone DMC market is mainly weak in sorting and operation, The specific trend also needs to pay more attention to the changes in information on the supply and demand side.