Recently, the domestic DMC market has experienced a new round of price increases. According to market data, the average price in the Chinese market has risen to 12900 yuan/ton, an increase of 150 yuan/ton from the previous trading day. This wave of upward trend was already evident during the early trading period, with most individual manufacturers adopting a lock up strategy, indicating that the market is about to enter a price increase channel.
The main manufacturers in Shandong region took the lead in action, with a significant increase in transaction prices of 100 yuan/ton. In the afternoon, as various enterprises gradually restarted their quotation mechanisms, market prices were generally raised to 13500 yuan/ton, driving the gradual increase of products such as 107 rubber and raw rubber.
However, in the initial stage of price rebound, downstream market participants generally adopted a wait-and-see attitude, and the high price range lacked effective transaction support. Nevertheless, this wave of upward trend has driven an increase in the activity of downstream enterprises' inquiries, demonstrating the market's optimistic expectations for the future market.
In terms of raw material, the main raw material silicon metal market has continued to experience weak and stable fluctuations, which has limited impact on the price fluctuations of the DMC market. On the supply side, individual factories have a strong stance on price increases, providing strong support for the rise in market prices.
On the demand side, with the increasing activity of downstream enterprises in inquiry, the supply and demand sides have entered a game state. Many market participants believe that as the market situation gradually becomes clearer, market optimism will further manifest.