Recently, the price trend of DMC has continued to decline, touching the low point area within the year. As of May 18th, a single factory in Zhejiang Province's DMC online offer was launched, starting from 13200 yuan/ton and closing at 13700 yuan/ton on Friday, with sporadic transactions. It is reported that mainstream DMC manufacturers are negotiating around 13450-14000 yuan/ton. From the original perspective, 421 # industrial silicon fluctuates by 100 yuan, with a price range of 13550-13950 yuan/ton, and chloroform fluctuates by 150 yuan, with a price range of 2200 yuan/ton. Cost support is weakened. From a terminal perspective, downstream big players have expressed that online quotations are not conducive to sales. To truly promote order growth, continuous brand marketing and a strong sales service team are necessary.
The industry believes that the recent production reduction and maintenance actions of major units have begun for more than two months, and the risk investigation work has reached its peak. In the short term, there has been improvement in the supply side, and there is still a fluctuating trend in DMC prices in the short term; However, as the production capacity of individual factories gradually releases and the peak season in downstream industries ends, coupled with limited acceptance by large demand enterprises, the long-term upward pressure is increasing, and prices of various organic silicon products may be constrained.
On May 16, 2024, Luxi Chemical held a performance briefing. Regarding the question of "Luxi completed its tasks beyond expectations in the first quarter, does the company have any goals for the entire year of 2024?", the company replied that its product production plan for 2024 is 9.6 million tons, and its revenue budget target is 31.3 billion yuan. The company's management team coordinates and schedules project construction, striving to achieve production and efficiency as soon as possible.