According to the business agency’s monitoring data, as of November 12, the average price of silicone DMC market quotation in the mainstream area of data monitoring was 23700 yuan / ton, which was 933 yuan / ton, or 4.10%, compared with November 9; 3300 yuan / ton, or 16.18%; 5900 yuan / ton, or 33.15%, compared with October 1.
On the 11th of this week, a small number of organic silicon DMC manufacturers raised their prices again, and the quotation exceeded 24000 yuan / ton
In this week, the overall trend of silicone DMC market is still high and firm, and the phenomenon of reluctant to sell and close the offer has not been improved. On the 9th of the week, the price of a small number of silicone DMC manufacturers continued to rise, with an increase range of 300-500 yuan / ton. The factory inventory remained low, the supply was tight, and the orders were limited. Until the middle of the week, most factories were still closed and did not quote. The quotation of silicone DMC of a few factories increased again by 500-1300 yuan / ton. The ex factory quotation of silicone DMC of a factory in Shandong Province rose to 24000-24200 yuan / ton, which was short-lived and limited. As of November 12, the average price of silicone DMC market quotation in mainstream areas was 23700 yuan / ton, which was increased by 933 yuan / ton or 4.10% compared with that on Monday (November 9), 3300 yuan / ton or 16.18% higher than that on November 1, and 5900 yuan / ton, or 33.15%, compared with October 1.
On the downstream side, at present, the raw rubber factories in the downstream of silicone DMC are often closed without reporting, the raw materials are constantly pushed up, the cost pressure of raw silicone rubber is increasing, the market price continues to rise, the list is compact and the sealing is common, and a few factories are limited to receiving orders. It is expected that the market of raw silicone rubber will continue to run at a high level in the short term.
Shortage of supply does not alleviate the upward space of silicone DMC
At present, the inventory of silicone DMC market is low, and the demand exceeds demand. The demand gap of downstream is large. The sentiment of the industry continues to pull up. In the short term, the trend of silicone DMC market will continue to be strong and there is still room for upward growth.