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Warning! Achieve three rounds of price increases in March! Expected to increase by another 500 in April! Will DMC surpass 15000?

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Entering Friday, the silicone market continued to operate steadily. From the on-site perspective, there are only three days left until April, and downstream stocking tends to be wait-and-see, with more focus on inspection and less action, maintaining the main focus on digesting previous inventory. For the April market, the industry knows that there will be another wave of new price increases, but the order volume in the middle and lower reaches is limited, so we dare not stock up too much in advance and still maintain on-demand procurement and light warehouse operation. However, the production reduction mode of individual factories continues to deepen, and inventory pressure is controllable, so the strategy of boosting prices to stimulate transactions is difficult to change. This week, DMC remained at 14400-14800 yuan/ton. With the increasing expectation of a new round of price adjustments in April, it is expected that the trading atmosphere in the organic silicon market will significantly improve next week. Cost aspect: In recent times, industrial silicon production has still shown a pattern of low in the south and high in the north, and the news of production cuts in the northern region has not yet been implemented, resulting in a relatively loose overall supply level. In terms of demand, the reduction plan of polycrystalline silicon enterprises has once again hit, and the scale of production reduction of organic silicon monomer plants continues to expand, resulting in a continuous decrease in demand for industrial silicon. Overall, the loose pattern of industrial silicon fundamentals has not improved yet, and it is difficult to see significant inventory depletion while maintaining high levels. It is expected that there will still be rebound pressure on the market in the short term, and spot prices will continue to fluctuate at the bottom.

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