According to monitoring data from Business Society, as of April 11, 2024, the domestic organic silicon DMC market price reference was 14500 yuan/ton. Compared with April 1 (organic silicon DMC reference was 15260 yuan/ton), the price decreased by 760 yuan/ton, a decrease of 4.98%.

From the data detection chart of the organic silicon DMC products of the Business Society, it can be seen that in early April, the domestic organic silicon DMC market showed a weak decline. After the Qingming Festival, the decline in the organic silicon DMC market has not stopped, and the overall negotiation focus of organic silicon DMC continues to move towards a low level. As of April 11th, the domestic organic silicon DMC market price reference is around 14000-15000 yuan/ton, with a decline of 3.72% in the five days after the festival.

Analysis of influencing factors

In terms of demand: Since April, there has been no significant improvement in downstream demand for organic silicon DMC. After the holiday, the trading atmosphere on the organic silicon DMC site remains weak, and downstream demand has not been boosted well. The demand side has dragged down the focus of the organic silicon DMC market and continued to decline.

On the supply side, there are relatively few new orders in the organic silicon DMC field, and the inquiry atmosphere on the field is light. The inventory of the organic silicon DMC factory continues to accumulate, and the overall supply pressure continues to rise, making it difficult for the supply side to provide effective support to the market.

In terms of cost: Currently, the metal silicon market on the raw material side is weak and declining, so the cost support for organic silicon DMC on the cost side continues to loosen.

Prediction of the future trend of organic silicon DMC market

At present, the demand for organic silicon DMC on the market remains cautious, with a strong wait-and-see sentiment and some concerns about future inventory. However, the current market price has continued to decline and has also dropped to a lower level. For downstream users who have already digested some inventory, appropriate bargain hunting and stocking orders may increase. The organic silicon DMC data analyst from Business Society believes that in the short term, the domestic organic silicon DMC market will mainly undergo narrow adjustments, and the specific trend still needs to pay more attention to changes in supply and demand news.