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Price reduction across the board! DMC approaching 10000! A silicone company in Shandong has gone bankrupt! Sika expansion!

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Today, the domestic DMC price fell, with an average price of 10350 yuan/ton (down 50 yuan/ton from the previous day). The high load operation of the device has encountered weak downstream demand, exacerbating the problem of supply-demand imbalance and shifting the focus of market transactions downwards. Some downstream customers have chosen to replenish their inventory at a low level, but their cautious and wait-and-see attitude continues, and bearish expectations have not decreased. The recent rise in methanol prices has driven the cost side to stop falling and stabilize, and the support for DMC costs has begun to strengthen. Raw material side: The market price of the main raw material silicon metal is temporarily stable in the short term. Supply side: The operating load of individual units is relatively high, and some enterprises are facing increased inventory pressure. On the demand side, there is a clear downward pressure on downstream prices, with a majority of bearish sentiment.

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