According to monitoring data from Business Society, as of October 27, 2023, the domestic market price of organic silicon DMC was referenced at 14760 yuan/ton. Compared with October 1 (organic silicon DMC reference 14860 yuan/ton), the price was reduced by 100 yuan/ton, a decrease of 0.67%.

From the data monitoring chart of Business Society, it can be seen that in October, the overall domestic organic silicon DMC market showed a “first decline followed by” upward movement. In early October, after the end of the National Day holiday, the overall performance of the domestic organic silicon DMC market was weak and declining. The trading atmosphere on the organic silicon DMC market was cold, downstream demand was exhausted, and new orders were few. The supply of organic silicon DMC was under pressure, and the supply-demand contradiction continued to intensify. As a result, the market price of organic silicon DMC was continuously downward adjusted. On October 15th, the reference price of organic silicon DMC was 14540 yuan/ton, a decrease of 2.15% in the first ten days.

In late October, organic silicon DMC downstream restocked on dips, and some large factories’ shipment performance improved. The sentiment of low price reluctance on the market gradually rose. After the downstream demand received a phased boost, the organic silicon DMC market finally experienced a rebound, and the market price center continued to shift upward. On October 27th, the organic silicon DMC market price reference was around 14600-14900 yuan/ton, with a 1.51% increase in the later stage.

Prediction of the Future Trend of Organic Silicon DMC Market

At present, the trading atmosphere in the organic silicon DMC market is mild, and although the price continues to decline, the wait-and-see sentiment on the market is gradually rising. However, due to the long order schedule of leading factories, the market is still relatively high in price and spot circulation is still tight. Currently, the overall order acceptance performance of factories is still relatively smooth. Therefore, according to the organic silicon DMC data analyst of the Business Society, the domestic organic silicon DMC market is mainly stable, medium to strong in the short term.