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SunSirs: On April 14, the Domestic Silicone DMC Market Was Running Down
April 15 2022 09:39:46SunSirs(John)

Product Name: Silicone DMC

The latest price (April 14): 28,120 RMB/ton

Analysis review

According to the data monitoring chart of SunSirs, on April 14, the domestic silicone DMC market was running downward as a whole. On the 14th, a major domestic factory in Shandong lowered the ex-factory price of silicone DMC by 600 RMB/ton and the ex-factory price of this factory's silicone DMC was adjusted to 27,500 RMB/ton. The domestic silicone DMC ex-factory quotation referred to around 27,500-29,000 RMB/ton, and the average price referred to 28,120 RMB/ton. Compared with the previous working day, the average price was reduced by 120 RMB/ton, a decrease of 0.42%. At present, the trading atmosphere in the silicone DMC field is general, and the downstream demand is limited.

Market outlook

At present, the trading atmosphere in the silicone DMC market is light. Affected by logistics and transportation and other reasons, the downstream wait-and-see mood has not diminished, and the demand is limited. The silicone DMC data engineer of SunSirs believes that in the short term, the domestic silicone DMC market is mostly weak and mainly operated, and more attention needs to be paid to the trend changes of the supply and demand side.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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