The domestic DMC market continues to be under pressure, with the latest average transaction price falling to 13850 yuan/ton, a daily decline of 150 yuan. Since the beginning of the week, although some low inventory companies have maintained firm quotations, mainstream manufacturers have successively lowered product prices due to the combined effects of weak downstream demand and inventory pressure. End users often adopt low replenishment strategies, and the market lacks effective transaction support. The price of metal silicon on the raw material side continues to consolidate at a low level, and the expectation of reduced production on the supply side is further expanding. On the demand side, only a small amount of replenishment demand is released temporarily, and the supply-demand contradiction continues to intensify.
The global materials giant Dow recently announced a major personnel adjustment, with Ms. Ute Spring officially taking over as President and Chairman of the German Board of Directors for Germany, Austria, and Switzerland in April. As a senior executive with nearly 30 years of industry experience, Ute Spring's career at Dow spans across multiple fields including technology research and development, regional management, and strategic innovation. She served as CTO of Dow Aksa (a joint venture with Aksa, Türkiye) and General Manager of Germany from 2015 to 2019. In 2023, she was transferred to Director of Plastic Business Development, leading the implementation of many innovative projects. After taking office this time, she will succeed Julia S. Schlenz, who has been promoted to EMEAI Regional President, and continue to deepen Dow's strategic layout in the core European markets.
It is worth noting that Ute Spring's appointment comes at a time when Dow is accelerating the advancement of its billion dollar organic silicon integration project. The western base has set an industry record with "silicon speed", and its successful landing may reshape the global supply chain landscape. As a leader with both technical background and business insights, Ute Spring will leverage its cross functional management experience to drive deep integration of regional business and technological innovation, injecting new momentum into Dow's sustained growth in the European market. This personnel change not only reflects Dow's emphasis on diversified leadership, but also highlights its intention to strengthen local decision-making efficiency at key strategic nodes.