According to the monitoring data of business society, as of August 31, the average price of organosilicon DMC market quotation in mainstream areas was 36500 yuan / ton. Compared with August 1 (the average reference price of organosilicon DMC was 30666 yuan / ton), the average price increased by 5834 yuan / ton, or 19.02%.
In early August, the domestic silicone DMC market mainly operated stably, and individual monomer factories increased the factory quotation of silicone DMC sporadically. The overall expression of the market was stable, medium and strong. In mid August, due to the cost support given by the sharp rise of the upstream metal silicon market, the domestic silicone DMC market began to rise significantly. On August 15, the ex factory quotation of silicone DMC of Shandong large factory exceeded 32000 yuan / ton, an increase of 1300 yuan / ton compared with the beginning of the month. Then on August 16 and 17, other monomer factories also raised the ex factory quotation of silicone DMC one after another, Since then, silicone DMC has opened the prelude to the sharp rise in August.
On the 18th, the silicone DMC market was fully closed. Under the low inventory level, the spot supply was tight and the reluctance to sell became stronger. On the 19th, after some large factories resumed the offer of organosilicon DMC, the price of organosilicon DMC rose sharply, and the factories received orders in limited quantities. The ex factory quotation of organosilicon DMC of large factories in Shandong rose to 34700 yuan / ton, with a single day range of 2600 yuan / ton. The increase range of other large monomer factories was also around 1500-2000 yuan / ton. Subsequently, the market continued to operate in a high and stable manner.
At the end of August, on the 23rd, the raw metal silicon rose again, driving the silicone DMC market to continue to rise. The spot of silicone DMC in monomer factories continued to be tight, and the shortage of raw materials in middle and downstream enterprises was serious, especially in Guangdong. The “competitive sales” mode was opened in the spot production of individual factories. The refined auction price of a large factory reached 36000 yuan / ton, and the silicone DMC market continued to boil, The reluctance to sell was also stronger. On the 25th, the closing of large factories was common. The offer price of individual factories reached 36300 yuan / ton. At the end of Linjin month, on the 29th and 30th, the market price of silicone DMC continued to rise, and the offer price of large factories in Shandong rose to 37500 yuan / ton. As of August 31, the ex factory price of domestic silicone DMC was 36300-37500 yuan / ton, and the average price was 36500 yuan / ton, with a monthly increase of 19.02%. This price broke the high point of silicone DMC market in recent two years and set a record high since 2019.
Upstream, in August, the domestic metal silicon kept rising, with a monthly increase of 60.23%. On the whole, silicon metal kept breaking new records in August. At the beginning of the month, the silicon plant was optimistic about the future market and had a strong willingness to support the price. The superposition of market sentiment stimulation promoted the continuous rise of silicon price; In the middle of the month, the supply of raw materials is tight, the South hydropower has not been effectively alleviated, and the merchants are reluctant to sell; At the end of the month, the silicon price soared and sat firmly at the 20000 mark, with an average daily rise of more than 1000 yuan. On August 27, the average price of metal silicon in the domestic market was still higher. As of the 31st, the national metal silicon quotation was 24616 yuan / ton. According to the data analysis of the business society, the metal silicon has continued to be in the rising channel in recent three months. Especially since August, the metal silicon has jumped to a new high continuously, with an increase of 8.38% in the first week and the most active increase at the end of the month, with an increase of more than 60% in the whole month.
Future trend forecast of silicone DMC Market
In August, the domestic market of organosilicon DMC rose sharply. Supported by the sharp rise of raw metal silicon, the high-end price of organosilicon DMC exceeded 37500 yuan / ton, creating a record high in recent two years. On the other hand, the shortage of organosilicon DMC also promoted the market rise. Therefore, business organosilicon DMC analysts believe that in the short term, organosilicon DMC will continue to operate at a high level, but under the great increase of cost pressure, It remains to be seen whether the downstream can continue to maintain good preparation enthusiasm. Therefore, in the long run, after the “golden nine silver ten”, the silicone DMC market will gradually calm down.