Market Overview: The DMC market quotation continues to rise, with an average price of 14150 yuan/ton and a daily increase of 400 yuan/ton. The price increase this time is mainly due to the reduction of production by individual factories, with manufacturers generally raising prices by 500 yuan/ton. After a phase of stocking up, downstream companies have turned to a wait-and-see approach, with a decrease in new orders and a weakened trading atmosphere. Nevertheless, market fundamentals still provide support for prices, and it is expected that the DMC market will continue to maintain a high volatility trend in the short term. Raw material side: The raw material metal silicon continues to fluctuate at a low level, and the situation is difficult to break. Supply side: The individual factory is expanding its production reduction efforts and plans to reduce production to 40%. Demand side: Downstream customers have low enthusiasm for purchasing goods and adopt a wait-and-see attitude.
Recently, the official WeChat account of Silicon Treasure Technology announced that its sealing materials have entered Xiaomi's new energy vehicle supply chain. According to reports, its independently developed sealing material has been applied in bulk to key components such as power batteries, headlights, LiDAR, and in car displays in the Xiaomi SU7 Ultra model.
As the first domestic listed company of organic silicon sealing materials, Silicon Treasure Technology relies on innovative platforms such as the National Enterprise Technology Center and the National CNAS Laboratory to develop a series of solutions for pain points in the new energy vehicle industry. Its low-density organic silicon flame retardant sealing material has passed international advanced level certification, which can effectively solve the problem of battery heat dissipation and achieve a balance between lightweight and safety performance of battery packs. At present, the company has developed a comprehensive adhesive solution covering 10 major application scenarios such as vehicle assembly, three electric systems, and intelligent cabins.