Price trend
According to the commodity market analysis system of SunSirs, on April 30, 2026, the reference price for silicone DMC stood at 14,700 RMB/ton. On April 1, the reference price was 14,000 RMB/ton, marking an increase of 700 RMB/ton—a rise of 5%.
According to the SunSirs Commodity Market Analysis System, in April, domestic prices for silicone DMC in the Shandong region exhibited a stair-step upward trend. Prices rose from 14,000 RMB/ton at the beginning of the month to 14,700 RMB/ton by month-end—a cumulative monthly increase of 5%. With no downward corrections observed throughout the entire month, market sentiment remained bullish.
The first phase (April 1–4) marked the market's initial round of price hikes; prices surged from 14,000 RMB/ton to 14,300 RMB/ton—a 2.14% increase. This rise was primarily driven by a consensus reached at industry conferences to support price levels, wherein leading manufacturers in Shandong suspended trading to bolster prices, and spot auction rates were the first to spike.
During the second phase (April 7–22), the market underwent a period of consolidation—coinciding with a second round of price hikes—and stabilized at a plateau of 14,500 RMB/ton, a level sustained for approximately two weeks. This phase marked a period in which the market digested previous price gains and witnessed a tug-of-war between supply and demand; meanwhile, downstream sectors engaged in gradual restocking to meet their essential needs, thereby providing support for prices to remain at elevated levels.
During the third phase (April 25–30), the market witnessed a late-month surge, peaking at 14,700 RMB/ton. As the May Day holiday approached, concentrated demand for pre-holiday stockpiling from downstream sectors—coupled with the industry's persisting tight supply landscape—drove prices upward once again, reaching 14,700 RMB/ton.
Analysis of Factors Influencing Market Trends
Supply Side: Industry Self-Regulation (Production Cuts) + Supply Contraction
Since the end of 2025, the domestic silicone industry has implemented production restriction strategies. Throughout 2026, the industry's operating rate remained at approximately 60% to 70%, with some enterprises running at loads of only 50% to 60%. Compounded by maintenance shutdowns at various facilities, effective supply has continued to contract, and major manufacturers have demonstrated a strong resolve to uphold prices.
Demand Side: A Confluence of Essential Demand and Pre-Holiday Stockpiling
Demand remained stable across downstream sectors—including photovoltaic adhesives, new energy vehicles, and electronics—while export markets were performing well. As late April approached the holiday period, and following the depletion of prior downstream inventories, a wave of pre-holiday restocking demand had emerged, providing further upward support for prices.
Cost Side: Dual Support from Raw Materials and Policy
In the upstream industrial silicon market, raw material prices remained stable, providing clear bottom-line support for the cost structure of silicone DMC.
Market outlook
From the supply perspective, the current landscape—characterized by industry-wide production cuts and facility maintenance—is expected to persist in the short term. Major manufacturers remain keen on upholding price levels, ensuring that the tight supply of spot goods continues. Regarding costs, raw material markets remain stable, and ongoing support from macroeconomic policies provides a floor for market pricing. In the short term, prices for silicone DMC are generally expected to remain at elevated, firm levels. Moving forward, market participants should closely monitor shifts in supply following the completion of upstream facility maintenance, the sustainability of downstream demand, and the potential impact of geopolitical developments on raw material prices..
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