According to monitoring data from Business Society, as of January 19, 2023, the domestic market price reference for organic silicon DMC is 14760 yuan/ton, which is basically unchanged compared to January 10; Compared to January 1st (organic silicon DMC reference 13940 yuan/ton), the price has increased by 820 yuan/ton, an increase of 5.88%.
From the monitoring chart of Business Society data, it can be seen that during the mid month period (1.10 to 1.19), the overall domestic organic silicon DMC market remained stable at a high level. In early January, the domestic organic silicon DMC market experienced a broad upward trend, with high-end prices breaking through the 15000 yuan/ton mark, an increase of 5.88% in the first half of the year. In the mid stage, the domestic organic silicon DMC market showed a stable operation after an increase, with overall price fluctuations not significant. Some factory orders were scheduled for the early Spring Festival, and supply side pressure was relatively low. Many factories maintained strong quotations. At present, the overall inquiry atmosphere in the downstream of organic silicon DMC has weakened. After a round of buying up orders in the early stage, most of the downstream orders are in the period of digesting raw materials, and new orders are mostly in demand. As of January 19th, the domestic market price of organic silicon DMC is based on around 14600-15000 yuan/ton.
Prediction of the future trend of organic silicon DMC market
After a round of upward movement at the beginning of the month, the overall performance of the organic silicon DMC market has returned to calm, and downstream new single markets have also increased some wait-and-see sentiment. However, currently, the organic silicon DMC market still has support from low supply side inventory. Therefore, the organic silicon DMC data analyst from Business Society believes that in the short term, the domestic organic silicon DMC market will mainly continue to operate steadily, and the specific trend still needs to pay more attention to changes in supply and demand news.
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