Currently, the silicone market is showing a stable trend with hidden variables. The domestic DMC market price remains stable, with an average price fluctuating around 12650 yuan/ton. However, behind this seemingly calm market lies fierce competition and strategic adjustments among enterprises.
Most manufacturing companies keep their quotes unchanged, but the performance differences between inventory and pre-sale orders make it difficult for companies to find a balance between pricing and shipping. Today's market quotations and negotiation atmosphere remain stable overall, but the high inventory level in downstream markets has led most companies to maintain a wait-and-see attitude, and the transaction situation of new orders is not ideal.

On the raw material side, cost pressure remains high, and the silicon metal market maintains a weak and stable trend. The supply side is under short-term pressure due to the maintenance of local individual units, which undoubtedly exacerbates the tense atmosphere in the market. On the demand side, the market atmosphere is flat in the short term, lacking obvious positive factors to stimulate, which makes enterprises full of doubts and concerns about the future market trend.
Faced with this complex and ever-changing market environment, Elkem Group has decided to make strategic adjustments to address the challenges. The "Silicone" department affected by this restructuring provides a comprehensive range of silicone products, serving multiple fields. However, facing the current market situation, the group has to re-examine its business layout and strategic direction.
The group explained that this decision was influenced by a combination of multiple factors, including constantly changing market conditions, increasingly fierce competition, and strategic adjustments in business departments. Especially in the Chinese market, the continuous decline in the real estate market has led to overcapacity, which in turn affects the demand for construction products and puts pressure on sales prices. Therefore, Eken is actively researching various options, including selling its silicone division, to address current market challenges and future uncertainties.