Price Trend
According to the monitoring data of business associations, the recent domestic market decline of organosilicon DMC has spread to a larger extent. At the end of May, the market quotations of several major individual enterprises dropped substantially, and the lowest price has fallen below the threshold of 20,000 yuan/ton. On June 4, several agents quoted about 1,000 yuan/ton. On June 6, the lowest quotation of organosilicon DMC fell by about 17,000 yuan/ton.
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II. Market Analysis
Products: At this stage, the domestic silicone DMC market shows a weak operation. As of June 6, the market price of DMC has dropped by about 16% compared with mid-May, and the current price has dropped to the lowest level in nearly two years.
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Industry chain: At present, the strength of new orders of single manufacturers has declined, and the overall start-up rate of single factories is still at a high level. In May, the average start-up rate of single factories is about 80%. Some single factories arranged the overhaul of equipment from late May to early June. Higher start-up rate of individual enterprises also has a certain impact on prices, and the support for downstream products tends to be weak.
3. Future Market Forecast
Analysts of business association Silicone DMC believe that the demand of Silicone DMC is in the off-season at present, and the competition of Silicone DMC market will still be fierce in the coming June. It is expected that the price of Silicone DMC will remain stable or adjust slightly in the future, which may be affected by the start-up rate of single manufacturers and the demand of upstream and downstream products.
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