DMC has slightly increased, showing steady improvement! Important adjustment of Jianghan New Materials
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Last week, DMC prices were running well. The spot price of silicon metal has slightly decreased, while the price of methanol has fluctuated upwards, and the impact of cost changes on the market is relatively weak. The implementation of mutual tariff reductions between China and the United States, coupled with the recovery of downstream demand for silicone, has led to an increase in inquiries and purchases, and strengthened confidence in individual factories to raise prices. The current mainstream quotation is 11300-12000 yuan/ton, and some enterprises are temporarily not accepting orders or accepting orders in limited quantities. Last week, the trading center of DMC raw material prices shifted upward. Due to demand, downstream products operated differently, resulting in local increases in raw rubber and 107 rubber prices, stable prices of mixed rubber, and local declines in silicone oil prices. The adjustment of tariffs between China and the United States has opened up a new global trade situation, boosting confidence in the silicone market to a certain extent. The price of DMC raw materials may continue to operate steadily and positively, and there is an expectation of improvement in terminal demand. It is expected that the price of organic silicon products will steadily rise in the short term.