Weak demand, weak decline in organic silicon DMC market this week

According to monitoring data from Business Society, as of March 22, 2024, the domestic market price of organic silicon DMC was referenced at 16040 yuan/ton. Compared with March 17 (organic silicon DMC reference 16160 yuan/ton), the price was reduced by 120 yuan/ton, a decrease of 0.74%.

 

Thiourea

From the testing chart of the organic silicon DMC product data of Shengyishe, it can be seen that this week, the overall domestic organic silicon DMC market showed a weak decline. During the week, the overall trading atmosphere in the organic silicon DMC site was light, and the downstream stocking in the early stage has basically ended. Currently, it is mostly in the stage of digesting inventory. Therefore, the current downstream demand for organic silicon DMC is showing a weak trend, and overall new orders on the market are gradually weakening. Under the drag of weak demand, the overall negotiation focus of organic silicon DMC in the market has continued to decline slightly. As of March 22, the domestic organic silicon DMC market price reference is around 15800-16500 yuan/ton.

 

Prediction of the future trend of organic silicon DMC market

 

At present, there is a strong wait-and-see atmosphere in the organic silicon DMC market, and there is some concern in the market. Downstream demand for goods is relatively cautious, and some factories have a certain willingness to go out of stock. Some factories still have pre order support, with stable prices as the main focus. According to the organic silicon DMC data analyst from Business Society, in the short term, the domestic organic silicon DMC market will mainly adjust and operate within a narrow range. More attention should be paid to the news on the supply and demand side, as well as the impact of factors such as market operation and production capacity changes.

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