Price trend

According to the monitoring data of SunSirs, as of December 5, 2022, the reference price of the domestic silicone DMC market was 16,920 RMB/ton. Compared with the reference price of 16,950 RMB/ton on December 1, 2022, the price decreased by 30 RMB/ton, or 0.18%.

Analysis review

It can be seen from the data monitoring chart of SunSirs that in December (12.01-12.05), the overall domestic silicone DMC market was weak and fell slightly. The downstream demand side support of organic silicon was still weak, and the demand side support continued to be insufficient. The supply of some factories was under pressure, and the prices of some suppliers in Shandong had decreased slightly by 50-100 RMB/ton. On December 5, the domestic silicone DMC market price was around 16,500-17,500 RMB/ton.

Market outlook

In 2022, the last month are coming, with the opening of domestic logistics in many places, the increase of the circulation speed of goods sources, and the positive macro situation boosts the market.  In addition, the current silicone DMC market price has fallen to a relatively low level. Therefore, the silicone DMC data engineer of SunSirs believes that the current price of the silicone DMC market has been depressed for a long time, and the probability of the market continuing to decline is small. Near the end of the year, the silicone DMC market may face a demand boost, and the market price is likely to operate stably and strongly. In the future, more attention should be paid to the information changes on the supply and demand side.

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