According to monitoring data from Business Society, as of June 30, 2023, the domestic market price of organic silicon DMC was set at 14140 yuan/ton, which was reduced by 2400 yuan/ton compared to January 1 (organic silicon DMC reference 16540 yuan/ton), a decrease of 14.51%.

From the data monitoring chart of Business Society, it can be seen that in the first half of 2023, the domestic organic silicon DMC market as a whole showed a fluctuating and declining trend. In the first quarter, the silicone DMC market rose first and then fell, with a decrease of 4.72% in the first quarter. In January, downstream demand slightly boosted, and the organic silicon DMC market saw a slight increase, with a monthly increase of 1.69%. In February, the organic silicon DMC market steadily rose and operated, with downstream demand gradually recovering, with a growth rate of 3.33% in February. In March, downstream demand was weak, and the focus of organic silicon DMC fell, with a decrease of 9.32% in March.

In the second quarter, the silicone DMC market continued to move towards the low end, with a decline of 10.28% in the second quarter. In April, downstream demand continued to be cold, and the effective support of organic silicon DMC was insufficient. The decline in April was 4.31%. In May, organic silicon DMC shipments were slow, and supply and demand transmission was hindered. The market continued to decline, with a decrease of 5.04% in May. In June, after the price of organic silicon DMC fell to a low point, the market gradually entered a stable and small decline trend, with a decrease of 1.26% in June.

Prediction of the Future Trend of Organic Silicon DMC Market

At present, the trading atmosphere of organic silicon DMC on the market is average, and new orders are limited. The operator’s mentality is cautious. The organic silicon DMC data analyst of the business agency believes that in the short term, the domestic organic silicon DMC market will mainly adjust and operate within a narrow range, and the specific trend needs to pay more attention to changes in supply and demand information.