Last week, DMC prices remained stable with a narrow decline. Partial maintenance of individual factory equipment and the addition of pre-sale orders from some manufacturers have not yet been completed. The overall price support mentality of individual factories is still strong, and the downstream is mostly in the stage of inventory digestion, with appropriate replenishment based on their own order situation; The prices of silicon metal and chloroform have fallen, Insufficient cost support for DMC. The current mainstream DMC quotation is 13300-13900 yuan/ton. According to the analysis of the SAGSI team, there is a possibility that the DMC price may drop to 13000 yuan/ton by the end of May.
Last week, the overall price of raw materials remained stable, with some cost support. The prices of 107 rubber, raw rubber, blended rubber, and silicone oil remained stable. With the cost side falling, the release effect of new production capacity on the supply side is gradually increasing. Coupled with the overall high production of individual factories and the demand side downstream buying at low prices, it is expected that the organic silicon market will operate weakly and steadily in the short term.
Last week, the Chinese gas-phase silica market remained stable, with prices and actual transaction priorities of various enterprises remaining stable. Recently, the supply of methyltrichlorosilane has slightly tightened, and the price has increased, while the price of tetrachloride has remained stable.
Last week, multiple downstream areas such as silicone and coatings were affected by the end market, resulting in limited demand for silicone. After the price of silicone rose last week, companies maintained their rigid demand purchasing. Recently, the price of Class A has fluctuated slightly, with little impact on the cost side; There is no significant expected increase in downstream demand in the short term, and the market maintains a supply-demand balance. It is expected that the price of gas-phase silica will remain stable.