Summary of Organic Silicon Market on December 30th: The domestic DMC market remained stable on December 30th, with an average price of 13600 yuan/ton nationwide, unchanged from the previous trading day. At the end of the month, the inventory of individual factories was generally low, and the main focus was on executing pre-sale orders in the early stage. The overall quotation remained stable. There has been no significant improvement in downstream demand, with a continued wait-and-see attitude before the holiday. Customers have low interest in asking for prices and purchasing, and market transactions rely only on a small amount of rigid demand for replenishment. Looking ahead to the future, short-term prices are expected to remain mostly stable, possibly accompanied by slight fluctuations. The core factors affecting the trend involve supply, market psychology, and costs. From the supply side, the delivery of pre-sale orders for individual factories is nearing completion, and plans are underway to further increase emissions reduction efforts in January. In terms of market mentality, manufacturers continue to insist on raising prices, while most downstream companies adopt a wait-and-see or bearish attitude. In terms of cost, the industrial silicon market continues to have a weak supply-demand situation, and there may be a possibility of further tightening of supply; According to market research feedback, about 70% of industry customers estimate that the short-term industrial silicon price will still remain in a range oscillation pattern.
In December, the domestic DMC market prices showed a trend of strong fluctuations. As of December 29th, the national market price has reached 13564 yuan/ton, an increase of 1367 yuan/ton or 11.21% compared to the previous month, and the increase has expanded by 1.89 percentage points compared to the previous month; Compared to the same period last year, it also increased by 6.06%. Price fluctuations are mainly influenced by supply and demand as well as cost factors. At the beginning of the month, driven by industry conference news and emission reduction expectations, downstream stocking increased, driving up prices; However, in the middle of the month, due to insufficient follow-up of downstream orders and poor cost transmission, new order transactions decreased. However, the initial orders supported the inventory of the enterprise, and the price subsequently stabilized. During the month, the raw material metal silicon fluctuated narrowly, which limited the overall cost support.