SunSirs: The Silicone DMC Market in Shandong Saw a Steady Upward Trend in August

According to the Commodity Market Analysis System of SunSirs, the price of silicone DMC in Shandong stood at 13,600 RMB/ton on August 31, 2026; compared to August 1 (when the reference price was 13,000 RMB/ton), this represents an increase of 600 RMB/ton, or 4.62%.

Price Trend Overview

Data from the SunSirs commodity market analysis system indicates that the market for silicone DMC in Shandong, China, experienced a steady upward trend throughout August. In early August, the market remained relatively quiet with limited fluctuation, characterized primarily by price consolidation and correction. By late August, market prices shifted steadily higher; successive price hikes by major manufacturers in Shandong drove the market toward higher price levels. As of August 31, the reference market price for silicone DMC in Shandong was in the range of 13,500-13,700 RMB/ton.

Fundamental Analysis

Supply Side: In August, the domestic silicone DMC market continued to see overall production cutbacks, with operating rates edging down slightly. While total supply contracted, spot availability remained adequate, providing stable support to market conditions.

Demand Side: In August, downstream demand for silicone DMC in Shandong saw a steady rise, driven by periodic purchasing from downstream users. This provided market support and improved the transmission between supply and demand, leading to an overall improvement in market dynamics.

Cost Side: In August, the market for silicon—a key cost component—remained largely stable with slight upward movement. Specifically, the market for 421# silicon held steady, providing solid cost support for silicone DMC.

Market Outlook:

Currently, trading activity in the Shandong silicone DMC market is moderate, with downstream buyers purchasing on an as-needed basis. Supply and demand dynamics are transmitting smoothly, and positive factors remain in play. Analysts at SunSirs anticipate that, in the short term, prices for silicone DMC in Shandong will likely trend steadily upward, though specific movements will depend on developments regarding supply and demand.

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