Since July, the organic silicon DMC market has shown a weak decline (7.1-7.25)

According to monitoring data from Business Society, as of July 25, 2023, the domestic organic silicon DMC market price reference was 13300 yuan/ton. Compared with July 1 (organic silicon DMC reference 14140 yuan/ton), the price decreased by 840 yuan/ton, a decrease of 5.94%.

 

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From the data monitoring chart of the Business Society, it can be seen that since July (7.1-7.25), the overall domestic organic silicon DMC market has shown a weak decline. In early July, the domestic organic silicon DMC market has shown a weak decline, with weak downstream demand and insufficient support for organic silicon DMC demand. Market prices have continuously adjusted downwards. As of July 15th, the domestic organic silicon DMC market price has been around 13000-14000 yuan/ton, with a decline of 3.39% in the first ten days.

 

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In late July, the focus of the silicone DMC market continued to move downwards. Downstream demand is not boosting well, and on-site supply is under pressure. At the end of the month, the organic silicon DMC market is actively shipping, and some factories and suppliers have lowered the price of organic silicon DMC by around 200-500 yuan/ton. As of July 25th, the domestic organic silicon DMC market price is referencing around 12800-13500 yuan/ton, a decrease of 5.94% during the month.

 

Prediction of the Future Trend of Organic Silicon DMC Market

 

At present, the trading atmosphere of organic silicon DMC on the market is mild. As the end of the month approaches, some downstream companies are preparing for stage by stage, and the supply side on the market is relatively active. The organic silicon DMC data analyst of the business agency believes that in the short term, the domestic organic silicon DMC market will mainly adjust and operate in a narrow range, and the specific trend needs to pay more attention to changes in supply and demand news.

http://www.lubonchem.com/

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