This week’s weak decline in the organic silicon DMC market (7.21-7.26)

According to monitoring data from Business Society, as of July 26, 2023, the domestic market price of organic silicon DMC was referenced at 13060 yuan/ton. Compared with July 21 (organic silicon DMC reference 13400 yuan/ton), the price was reduced by 240 yuan/ton, a decrease of 2.54%.

 

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From the data monitoring chart of the Business Society, it can be seen that this week (7.21-7.26), the domestic organic silicon DMC market as a whole was in a weak decline. At the beginning of the week, Shandong large factory took the lead in reducing the price of organic silicon DMC by 200 yuan/ton. The low end price of organic silicon DMC dropped below the 13000 yuan/ton mark, with a reference to around 12800 yuan/ton. Subsequently, Toulong large factory also lowered the price of organic silicon DMC by around 300 yuan/ton. Due to limited downstream demand, it is approaching the end of the month, Organic silicon DMC factories and suppliers have a strong willingness to ship. In order to compete for new orders, the overall negotiation atmosphere in the organic silicon DMC market has declined. As of July 26th, the domestic organic silicon DMC market price is referenced around 12800-13500 yuan/ton, and the price will be reduced by about 200-400 yuan/ton within the week.

 

Prediction of the Future Trend of Organic Silicon DMC Market

 

At present, the trading atmosphere of organic silicon DMC on the market is still good, and downstream inquiries have a mild temperature. New orders are mainly negotiated. The organic silicon DMC data analyst of Business Society believes that in the short term, the domestic organic silicon DMC market will mostly be stable with small fluctuations, and the specific trend still needs to pay more attention to changes in supply and demand news.

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