Buying sentiment stimulated market transactions and prices of all silicone products increased

The price of DMC in the online mall of Shandong DMC enterprises increased this week. The opening price this week was 15,000 yuan/ton, and the price increased by 400 yuan/ton compared with last week. Leading companies in Shangdong raised the prices by 800 yuan/mt to 15600 yuan/mt, while quotations offered by other DMC factories rose 500 yuan/mt to 15200 yuan/mt. The mainstream traded prices stood at 15200 yuan/mt. As of now, the average price of D4 is 15,350 yuan/ton; the average price of silicone oil is 15,900 yuan/ton; the average price of 107 silicone rubber is 15,450 yuan/ton; the average price of 110 methyl vinyl silicone rubber is 16,300 yuan/ton; the average price of mixed rubber is 14,300 yuan/ton, and the prices of all products were raised to varying degrees.

This week, domestic DMC prices first increased and then stabilized, with frequent local price changes. Shandong DMC enterprises opened online prices at 15,000 yuan/ton. The price increased by 400 yuan/ton compared with last week. The price first rose and then fell. The highest price this week was 15,100 yuan/ton. The price of leading enterprises has risen to 15,600 yuan/ton this week. There are few orders for spot goods at the current price, and most of the orders are pre-sold orders scheduled after CNY. The quotations of other companies also increased this week. The mainstream transaction price in the DMC market has increased from 14,700 yuan/ton last week to 15,200 yuan/ton, with an overall increase of 500 yuan/ton. The reasons for this round of price increases are that on the one hand, leading companies have raised prices in advance to prepare for the demand after the CNY holiday. Downstream companies once again entered the market appropriately to prepare stocks, and the trading volume increased; the current overall inventory level of the DMC market is not high. At the same time, each company has pre-sales orders in different quantities.

Regarding the subsequent price prediction, SMM believes that the overall transaction prices of DMC will remain stable. From the demand side, transportation and logistics will be halted this weekend, and downstream companies will take holidays one after another. Subsequent transactions will decline. In addition, industrial silicon prices have begun to decline recently, and cost support has begun to weaken. However, due to the recent price increase, the order-taking situation is relatively good, and the company's inventory level pressure is not great. The company's quotation mentality will be stable, and price adjustment is of little significance. However, after this round of downstream stockpiling, demand may decline in the first quarter. At present, DMC prices are expected to fall after the peak season.