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SunSirs: In the First Ten Days of August, the Silicone DMC Market Stabilized and Adjusted within a Narrow Range

August 13 2020 14:35:10     SunSirs (John)

Price trend

According to the monitoring data of SunSirs, as of August 12, the average price of organic silicon DMC market quotations in the mainstream areas of the data monitoring was 16666.67 RMB/ton. Compared with August 1, the price increased by 66.67 RMB/ton, an increase of 0.40%.

In early August, the silicone DMC market was stable as a whole

Entering August, the overall stability of the domestic silicone DMC market was mainly stable, and the quotations of individual factories fluctuated within a narrow range. At present, the operating rate of factory installations is generally high. During the exhibition, manufacturers have a strong sense of quotation prices, and some manufacturers still have not delivered the completed orders in the previous period. Therefore, the current sales pressure is relatively small, and the quotation is mainly firm. However, the number of new orders received by most manufacturers has decreased significantly, the industry's confidence is lacking, and the overall trading atmosphere in the market is not so good. On August 12, silicone DMC rose slightly. Some low-end companies raised their silicone DMC quotations by about 100 RMB/ton. The current mainstream silicone DMC quotation is at 16,200-17,000 RMB/ton.

On the upstream side, since August, the overall price of silicon metal has risen steadily and slightly. On August 11, the reference price of silicon metal was 11,166.67 RMB/ton, which was a 1.59% increase compared with August 1 (10,991.67 RMB/ton). The price of #441 silicon in the silicon metal market in Sichuan remains stable, and the current price range is 10,900-11,100 RMB/ton, with an average price of 11,000 RMB/ton; the price of #441 silicon in the silicon metal market in Shanghai remains stable, and the current price range is 11,700-11,900 RMB/ton. , The average price is 11,800 RMB/ton; the market price of #441 silicon in Fujian has risen by 100 RMB/ton. The current price range is 10,700-10,800 RMB/ton, and the market average price is 10,750 RMB/ton.

Demand is insufficient and Silicone DMC will be adjusted in a narrow range in the short term

Based on the current situation, the downstream replenishment of silicone DMC is slow, and the volume of new orders is small. It is difficult to give silicone DMC a strong upward momentum, but the downstream silicone rubber is currently relatively optimistic, or can drive a small exploration of silicone DMC. However, the actual downstream manufacturers are more cautious in stocking silicone DMC, and the lack of demand has been truly alleviated. The price can only be slightly higher. It is not excluded that individual manufacturers can adjust within a narrow range. More attention should be paid to the supply-demand relationship and the start of the device.

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

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