This week, the DMC market prices of domestic individual factories remained relatively stable, but the actual transaction prices have rebounded. According to the latest data, the actual transaction price of DMC has fallen back to the range of 13850-13950 yuan/ton, and some companies have expanded their profit margins to retain core customers. Although low inventory enterprises have a strong willingness to raise prices, high priced goods lack market transaction support, and the market shows a trend of "clear stability and hidden decline".
On the supply side, enterprise inventory has been rising for two consecutive weeks, and some manufacturers have had to adopt price reduction and promotion strategies to alleviate inventory pressure. At the same time, the scale of production reduction in the industry is gradually expanding, but the inventory digestion situation after the delivery of early orders is not as expected. On the demand side, downstream customers only maintain essential replenishment, with single purchase quantities mostly controlled within 1-3 days. The raw material reserve cycle of end product enterprises has also been shortened to 5-7 days, a decrease of 30% compared to the previous month.
However, just as the domestic market is changing rapidly, there is also shocking news coming from the international market. On April 1st, a serious gas pipeline explosion occurred in Selangor, Malaysia, which quickly sparked a large fire. According to official media reports, the scene of the accident was extremely tragic, with a raging fire that caused huge panic and losses to surrounding residents.
According to the latest report from the Associated Press, as of now, the accident has caused 112 injuries, about 190 houses have been damaged to varying degrees, and more than 140 cars have been destroyed in this sudden disaster. The Malaysian government is making every effort to organize rescue work, striving to control the fire as soon as possible, reduce casualties and property damage.
This accident once again reminds us that safety production is no small matter, and any negligence can lead to irreversible consequences. At the same time, it also gave us a deeper reflection on the fluctuations in the domestic market. At the critical stage of "rising prices vs. destocking", industry joint production cuts have formed expectations of supply contraction, but the strength of demand recovery is weaker than seasonal patterns. The future market trend requires close attention to the dynamics and transaction situation of all parties involved.