This week, the domestic silicone market experienced a long-awaited rebound. A large factory in Shandong has once again raised the DMC ex factory price, and after adding shipping costs, the actual delivered price is almost the same as the mainstream quotations in East and Central China. Multiple first tier individual enterprises have raised their product quotations one after another, DMC、 The prices of major categories such as silicone oil have risen across the board.

Demand side repair has become an important driving force behind this round of price increases. With the recovery of downstream demand in photovoltaic, new energy and other fields, coupled with the traditional peak season stocking demand, the consumption of organic silicon has steadily increased. Meanwhile, the tightening supply side also provides strong support for price increases. Some companies have reduced their workload in the early stage, resulting in low inventory levels. The industry has reduced production and tightened maintenance, leading to a significant decrease in DMC production last week.
The industry believes that this round of price increases will stimulate market stocking anxiety and drive midstream and downstream enterprises to accelerate their inventory replenishment process. With the rebound in prices, the supply and demand pattern of the industry is expected to further improve, bringing new opportunities to the market.