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The organic silicon market has completely turned around, and DMC prices have rebounded significantly

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Recently, the silicone market has shown an unprecedented wave of price increases. Each major monomer factory has raised their prices one after another. In just a few days, the Shandong monomer factory directly increased from 12500 yuan/ton to 13400 yuan/ton, and the DMC price rebounded as high as 900 yuan/ton. This wave of price hikes not only caught market participants off guard, but also sparked widespread attention and discussion.
At present, the mainstream quotation of DMC has stabilized between 13400-13800 yuan/ton, with an overall increase of 3.85% compared to before the holiday. The strong rise of individual factories has undoubtedly intensified the market's bullish mentality. However, despite the continuous rise in prices, downstream companies have not seen a significant increase in their inventory levels. Most companies still focus on digesting their previous inventory and adopt a cautious attitude towards buying at high levels.

However, individual factories do not seem to intend to slow down the pace of price increases. In order to build a bottom line for prices, most manufacturers have reduced production by 20% on the basis of current production. This measure is expected to further promote the rise of the organic silicon market. At present, there is a strong atmosphere of speculation in the market. With pre-sale orders not yet delivered and market demand orders gradually replenished, individual factory quotations remain firm and are expected to rise again.

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