According to the monitoring data of business agency, as of November 9, the average price of silicone DMC market quotation in the mainstream areas of data monitoring was 22766 yuan / ton. Compared with November 6 last weekend, the average price was increased by 266 yuan / ton, or 1.19%; compared with November 1, the average price was increased by 2366 yuan / ton, or 11.60%; compared with October 1, the average price was increased by 4966 yuan / ton, or 27.90%. Compared with last year, the increase was 34.71%.

The rising trend of silicone DMC has not stopped or will rise again

At present, the market of silicone DMC can be described as “Crazy”. Since the beginning of November, DMC’s rising trend continued to be unstoppable, with a large area of closed plates, reluctant to sell, serious downstream shortage, and positive replenishment of orders. After the end of last week, there was still no significant change in the closing phenomenon. On Monday (9th), there were only a few odd offer factories in the market, and the prices continued to rise. The mainstream price was 22600-23300 yuan / ton, and the quotations in some secondary markets were up to 23600 yuan / ton. As of November 9, the average price of silicone DMC in mainstream areas was 22766 yuan / ton, which was 266 yuan / ton or 1.19% higher than that on November 6 last weekend; the average price was increased by 2366 yuan / ton, or 11.60%, compared with November 1; and 4966 yuan / ton, or 27.90%, compared with October 1. Compared with last year, the increase was 34.71%.

In the current situation of serious shortage of silicone DMC in stock, the market has been “booming”. On November 9, Zhejiang Zhongtian burst into a fire. This unexpected event may once again promote the silicone industry. Under the reduction of on-site inventory, the silicone DMC may continue to rise and rise to a scream.

On the downstream side, the market of silicone DMC keeps rising. Under the support of cost, the downstream raw rubber market continues to gather to the high-end. The manufacturers have a compact list, Limited sales, and actual single negotiation. 107 rubber market price continued to rise, the current spot tension, East China region holding goods on the price of 24000-25500 yuan / ton. The price of silicone oil remains high, many manufacturers do not offer, the reference quotation of dimethylsilicone oil in South China is around 24000-24500 yuan / ton.

Silicone DMC may continue to rise owing to the fire

At present, the overall market of silicone DMC market “momentum does not decrease”, Zhongtian sudden fire, market supply will be more tight, downstream replenishment gap increases again, so it is expected that silicone DMC market in the future will continue to rise.