This week, the organic silicon DMC market experienced a weak decline (5.19-5.23)

According to the commodity market analysis system of Business Society, on May 23rd, the price of organic silicon DMC was 13490 yuan/ton. On May 19th, the price of organic silicon DMC was referenced to 13550 yuan/ton, with a decrease of 60 yuan/ton, a decrease of 0.44%.

 

From the commodity market analysis system of Shengyishe, it can be seen that this week (5.19-5.23), the domestic organic silicon DMC market as a whole showed a weak downward trend. During the week, the overall trading atmosphere in the organic silicon DMC market was relatively light. On the first two days of the week, the organic silicon DMC market was generally weak and consolidating. As of Wednesday, the price of organic silicon DMC offered by Shandong’s large factories was reduced by 150 yuan/ton, and the reference price for organic silicon DMC was around 13300 yuan/ton. Other factories and suppliers mainly maintain stable prices in the early stage. On May 23rd, the market price of organic silicon DMC was referenced at around 13300-13900 yuan/ton.

 

Upstream aspect: Recently, the domestic metal silicon market has been operating weakly, providing loose cost support for organic silicon DMC. On May 22nd, the reference price for silicon metal was 13480 yuan/ton, a decrease of 1.32% compared to May 1st (silicon metal price of 13660 yuan/ton).

 

Future analysis

 

At present, the overall performance of the organic silicon DMC market still shows strong and weak supply, and small price adjustments have limited stimulation for downstream buying attitudes. The downstream wait-and-see atmosphere is still strong, but the current organic silicon DMC price is at the bottom of the market. Although the demand side support is limited, the short-term market situation is limited. The organic silicon DMC data analyst from Business Society believes that in the short term, the domestic organic silicon DMC market should mainly adjust and operate within a narrow range, and the specific trend still needs to pay more attention to changes in supply and demand news.

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