According to the monitoring data of the business community, as of May 29, 2023, the domestic silicone DMC market price reference was 14360 yuan/ton, and on May 1 (silicone DMC reference was 15080 yuan/ton), the price fell 580 yuan/ton, or 4.77%.

From the data monitoring chart of the Business Society, it can be seen that since May (5.01-5.29), the overall domestic silicone DMC market has shown a weak decline. In early May, with the return of the Labor Day holiday, the downstream demand for organic silicon DMC market was weak, and insufficient demand affected the pace of organic silicon DMC shipments. On the 8th and 9th, the prices of organic silicon DMC in Shandong large factories were continuously adjusted downwards, with a decrease of about 500 yuan/ton. Other factories also began to follow in the footsteps of large factories, reducing the prices of organic silicon DMC by about 200 yuan/ton. As of May 15, the market price of silicone DMC in China is around 14300-14800 yuan/ton.

Prediction of the Future Trend of Organic Silicon DMC Market

In late May, the trading atmosphere in the silicone DMC market continued to be light, the downstream demand was not well boosted, and the demand was generally supported. The overall focus of the silicone DMC market continued to decline slightly, with a decrease of 100-200 yuan/ton. As of May 29, the domestic silicone DMC market price was near 14200-14500 yuan/ton.