According to the monitoring data of the business community, as of January 6, 2023, the reference price of the domestic silicone DMC market is 16580 yuan/ton, which is 40 yuan/ton higher than that of January 3, 2023 (16540 yuan/ton).

It can be seen from the data monitoring chart of the business community that the domestic silicone DMC market rose slightly in the first week after the festival. At the beginning of the week, the domestic silicone DMC market was operating steadily as a whole. The quotation of Shandong Dachang’s silicone DMC was the same as that before the festival. Other factories also kept their prices stable. The silicone DMC market was relatively quiet. In the middle of the week, some silicone DMC dealers in Shandong Province slightly raised the price of silicone DMC to stimulate the market, by about 100 yuan/ton, and the market gave a general reversal. As of January 6, 2023, the domestic silicone DMC market price is around 16300-17000 yuan/ton.

Prediction of the future trend of silicone DMC market

At present, as the Spring Festival approaches, logistics and transportation have been shut down in succession. The trading atmosphere in the silicone DMC market is tepid, and downstream demand is generally boosted. Some silicone DMC factories may still have some supply pressure. The silicone DMC data analyst of the business community believes that in the short term, the domestic silicone DMC market will mainly adjust its operation in a narrow range, and more attention should be paid to the changes in supply and demand after the specific trend.