From December to present, the organic silicon DMC market has been in a weak and declining trend

According to monitoring data from Business Society, as of December 19, 2023, the domestic organic silicon DMC market price reference was 13960 yuan/ton. Compared with December 1 (organic silicon DMC reference was 14320 yuan/ton), the price was reduced by 360 yuan/ton, a decrease of 2.51%.

 

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From the monitoring chart of Business Society data, it can be seen that from December to present, the overall market situation of domestic organic silicon DMC has shown a weak downward trend. In early December, the overall organic silicon DMC market saw a slight bearish decline. Downstream demand is not boosting well, and the atmosphere in the organic silicon DMC market is weak. The overall market situation is stable and declining, with slight looseness in actual transactions. In mid December, the decline in the organic silicon DMC market deepened, and the downstream of organic silicon DMC was in the off-season of consumption. Market demand remained weak, and the atmosphere of on-site bidding gradually rose. The overall transaction price approached a low level, and the price difference between high and low prices on the market gradually narrowed. As of December 19th, the domestic market price of organic silicon DMC is around 13800-14200 yuan/ton.

 

Prediction of the future trend of organic silicon DMC market

 

At present, the overall trading atmosphere of the domestic organic silicon DMC market is average. After the market gradually declines, some factories have improved their new orders, and the overall organic silicon DMC market is expected to stabilize. However, as the end of the year approaches, whether downstream stocking can be effectively opened is still a key factor affecting the market trend. Therefore, the organic silicon DMC data analyst from Business Society believes that in the short term, the game between supply and demand in the domestic organic silicon DMC market is still significant, The market situation is mainly subject to narrow adjustments, and more attention needs to be paid to changes in supply and demand news.

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