DMC prices in the online shopping mall of Shandong-based factories opened at 14,400 yuan/mt last week, up 200 yuan/mt WoW. Offers from leading enterprises stood stable at 14,500 yuan/mt this week. There were elevated offers from most DMC plants, seeing averaging price at 14,800 yuan/mt.
On DMC costs, as of October 19, 421# silicon (for silicone) prices in East China averaged 16,400 yuan/mt, down 100 yuan/mt WoW. Offers for methyl chloride in Shandong were down 800 yuan/mt at 2,300 yuan/mt. Under such circumstance, DMC plants saw profit recovery.
In view of low DMC stocks, production halts and maintenance, as well as rigid demand, DMC prices are projected to move sideways.

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