On November 18, the market price of organosilicon DMC slightly recovered by 1.59%

I. price trend

 

According to the monitoring data of the business agency, as of November 18, the average market price of organosilicon DMC in several major areas monitored by the data is 17033 yuan / ton, up about 270 yuan / ton, or 1.59% compared with last Thursday (November 14).

 

II. Market analysis

 

EDTA 2Na

Products: November is a traditional off-season, and the domestic silicone market is in a state of up and down extrusion without a breakthrough. Last week, the silicone DMC market as a whole was still weak. Until last Friday, in order to stimulate market demand, the prices of some factories in the silicone DMC market were increased, with the local increase of 300-500 yuan / ton, and the market situation was more volatile under the guidance of the upstream. With the downstream Orders have increased, the overall supply side of the site is relatively tight, the inventory quantity is reduced, and the firm mentality of the merchants is increased. Until today, the offer has moved up 300-500 yuan. The support from the bottom of the market is more and more stable, and with the increase of export demand, the market is supported by favorable conditions. When the supply is lower than the demand, the market price is fluctuating upward. Today’s monitoring data shows that: the main market quotation of organosilicon DMC manufacturers is 16500-18000 yuan / ton, and the transaction is slightly warmer, with the transaction price rising about 200 yuan / ton. However, some large transactions still approach the cost line, leaving little room for profit, and some downstream buyers are cautious and go with the market to buy goods. Therefore, whether the organosilicon DMC market can conduct smoothly after the price increase We need to continue to focus on downstream demand and cost support.

 

Industry chain: in recent years, the price trend of domestic silicone oil market is stable and slightly fluctuating, with little fluctuation up and down. The global economy is still in depression, which leads to the lack of demand for silicone oil in the industry, the unsatisfactory data of domestic and foreign sales, and the unwillingness of downstream terminals to take more goods and store them, all of which are taken as they are used. At present, the price of imported silicone oil remains stable. Due to the general demand, the delivery of agents is also relatively light. The main quotation of comprehensive imported methyl silicone oil is around 18400-20000 yuan / ton.

 

III. future forecast

 

EDTA

Analysts of business club think: it is expected that the high price volume of silicone market will not be too large in the short term. If the price is not followed by the demand after the manufacturer’s rise, it is difficult for the market to keep high support.