According to monitoring data from the Business Society, as of November 16, 2023, the domestic organic silicon DMC market price reference was 14540 yuan/ton, which was basically unchanged compared to November 12. Compared to November 1 (organic silicon DMC reference was 14780 yuan/ton), the price was reduced by 240 yuan/ton, a decrease of 1.62%.
From the data monitoring chart of the Business Society, it can be seen that as of this week, the overall volatility of the domestic organic silicon DMC market is limited, and the organic silicon DMC market is mainly operating in a “stable” manner. During the week, the quotation for organic silicon DMC from Shandong large factories remained around 14500 yuan/ton, and the prices of organic silicon DMC from leading large factories remained stable. The overall market was in a period of consolidation and recovery, and the downstream demand for organic silicon DMC remained average. Downstream factories were cautious in stocking and had a strong wait-and-see attitude. As of November 16th, the domestic market price of organic silicon DMC is around 14500-14700 yuan/ton.
Prediction of the Future Trend of Organic Silicon DMC Market
At present, the overall market situation of organic silicon DMC is at a relatively low level, and the boost in downstream orders on the market is still average. The trading atmosphere on the market is relatively quiet, and inquiries are relatively cold. Some downstream factories have reduced their burden to start operations, and the procurement operation of raw materials is cautious. According to the organic silicon DMC data analyst of Business Society, in the short term, the market situation of organic silicon DMC will mainly adjust within a narrow range. More attention needs to be paid to the changes in supply and demand information.
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