At present, the overall quotation in the domestic DMC market remains stable, with a national average price of 14900 yuan/ton. From the perspective of supply and demand, production enterprises are currently mainly focused on outstanding orders in the early stages of delivery, and spot circulation resources continue to be tight; However, downstream enterprises are mostly in the stage of digesting inventory, only replenishing in moderation at low prices, and the market's new orders have shown weak performance, still dominated by small orders. Taking into account various factors, it is expected that DMC prices will show a stable to strong trend in the short term. On the supply side, pre-sale orders from individual factories are generally sufficient, providing bottom support for spot prices, and the short-term shortage situation is difficult to alleviate. In terms of market sentiment, individual factories have a firm willingness to raise prices, while downstream customers' bearish expectations have significantly weakened, resulting in subtle changes in the game mentality of buyers and sellers.
The obstruction of passage through the Strait of Hormuz is triggering an unprecedented global chemical supply shock. According to the latest report from Goldman Sachs, the "barometer" of Wall Street, the prices of basic chemicals have surged by over 60% in recent weeks, setting a record for the fastest growth rate in history. The rate and magnitude of price increases are twice that of the 2022 European energy crisis, and currently about 20% of global chemical supply has been disrupted. The supply is difficult to recover in the short term, and the physical supply of chemical products in Europe and Asia is expected to ease as early as the third quarter of 2026, posing a risk of further price increases. From a cost perspective, the average impact of the price increase of petrochemical derivatives on the sales cost of European and American enterprises is about 11%, with the furniture, medical beauty, and clothing industries being the most affected. There is a lag period of 6 to 12 months for transmission to end consumers, and the peak of price pressure is expected to occur in the third or fourth quarter of 2026. The market currently severely underestimates the depth and breadth of this impact, and investors need to remain vigilant.
On April 20th, with the production indicator light changing from red to green, Yunneng Silicon Material's annual production of 20000 tons of organic silicon special adhesive (oil) extended chain value-added project was successfully put into trial operation in one go, and the first batch of high-performance sealant products were successfully launched. After on-site testing, all performance indicators of the product are superior to the design standards, marking the official transition of the project from the construction period to the trial production and operation stage. This injects strong momentum into the company's high-end new material industry chain to supplement and strengthen the chain. The company has made a key breakthrough in its strategy of extending downstream high value-added products of organic silicon, adding an important link to the creation of a "green silicon material" industry cluster.
The practical and efficient construction of 20000 tons/year organic silicon special adhesive (oil) chain extension value-added project is a key project for Yunnan Nengtou Silicon Material Technology Development Co., Ltd. to extend the organic silicon industry chain and seize the high-end chemical new material track. Since the start of construction on January 15, 2026, the project team has overcome difficulties, reversed the construction schedule, and carried out map battles, strictly adhering to safety and quality, and efficiently completing the entire process of construction, setting a new record for similar projects. The special adhesive product that has been successfully produced in this trial production is a high-end organic silicon engineering adhesive that conforms to the trend of green and high-quality development in the industry. The project adopts continuous production technology and intelligent control system, ensuring high stability and excellent quality of product batches. The launch of the project will effectively fill the production capacity gap in the high-performance sealant field in the region, and promote the company's transformation from basic raw material production to high value-added deep processing. After the comprehensive implementation of the project of extending the chain, strengthening the chain, and gathering momentum to create benefits, 20000 tons/year of organic silicon special adhesive can be achieved, which will greatly enhance the integrity of the enterprise's industrial chain and market competitiveness, and also effectively drive the agglomeration of upstream and downstream supporting industries, injecting new vitality into the high-quality development of the local economy. Next, the company will continue to optimize process parameters, steadily increase production capacity, and simultaneously promote market development to ensure that the project achieves production and efficiency as soon as possible.