According to the monitoring data of the Business News Agency, as of February 23, 2023, the market price of domestic silicone DMC was referenced at 17660 yuan/ton. Compared with the price of February 1, 2023 (the reference price of silicone DMC was 16820 yuan/ton), the price increased by 840 yuan/ton, or 4.99%.

It can be seen from the data monitoring chart of the business agency that the domestic silicone DMC market has been steadily rising since February (2.01-2.23). After the Spring Festival, the downstream demand of organosilicon DMC recovered steadily, and the demand side support was still good. In the first ten days of February, the organosilicon DMC market ushered in a warmer operation. At the beginning of the month, Shandong large factories took the lead in raising the price of organosilicon DMC, with an increase of 200 yuan/ton. The overall market was stable and strong. Later, some other factories also followed in the footsteps of large factories, raising the price of organosilicon DMC successively. On February 15, The domestic market price of organic silicon is around 17300-17700 yuan/ton, and the DMC of organic silicon rose 4.04% in early February.

In late February, the rise of organosilicon DMC slowed down, and the price of organosilicon DMC in Shandong Dachang remained stable. Some suppliers in the market raised the price of organosilicon DMC sporadically and slightly, with an increase of about 100 yuan/ton. Then the market remained stable as a whole. On the 21st, the organosilicon DMC market experienced a partial rise, with an increase of about 200 yuan/ton, and the high price of organosilicon DMC reached around 18000 yuan/ton. As of February 23, the domestic market price of silicone DMC is about 17400-18000 yuan/ton.

Future trend forecast of silicone DMC market

At present, the trading atmosphere of organosilicon DMC is mild. After a small increase in the market, the bullish mood of the market is gradually rising, the enthusiasm of the downstream stage stock preparation is improved, the overall demand side is slightly boosted, and the operator is in a good mood. The organosilicon DMC factory is in a strong attitude of price appreciation as a whole. The traditional peak season in March is coming, and the market is expected as a whole. The organosilicon DMC data analyst of the business agency believes that in the short term, The domestic silicone DMC market will mostly be stable and strong, and the specific trend needs to pay more attention to the changes in the supply and demand information.