SunSirs: Domestic Silicone DMC Market Continued to Rise Slightly This Week (February 11-17)
February 20 2023 13:24:56 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, as of February 17, 2023, the reference price of domestic silicone DMC market was 17,540 RMB/ton. Compared with the price of February 11, 2023 (the reference price of silicone DMC was 17,320 RMB/ton), the price increased by 220 RMB/ton, or 1.27%.
Analysis review
It can be seen from the data monitoring chart of SunSirs that this week (2.11-2.17), the domestic silicone DMC market continued to move up slightly. At the beginning of this week, the price of silicone DMC in Shandong's large factories remained stable at about 17,300 RMB/ton, while other factories and suppliers continued to raise the price of silicone DMC slightly, with an increase of about 100-300 RMB/ton. As of February 16, the reference price of domestic silicone DMC market was around 17,300-17,800 RMB/ton.
Market outlook
On the 17th, the inquiry atmosphere in the silicone DMC market was relatively active, the downstream demand was gradually expanding, and the operators were in a positive attitude. The silicone DMC data analyst of SunSirs believes that in the short term, the domestic silicone DMC market will mostly continue to operate in a stable stronger way, and the specific trend in the future needs to pay more attention to the changes in the supply and demand information
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