Price Trend
According to the monitoring data of business associations, the market price of silicone DMC rose steadily this week after rebounding from the bottom. At present, the lowest quotation of DMC market is around 16 400 yuan/ton, and the quotation of traders is around 18 000 yuan/ton.
| PVA 1788 (PVA BP17) |
II. Market Analysis
Products: This week, the domestic silicone DMC market continued to rise in June. The quotation of Shandong province was 16400-18500 yuan/ton. The quotation of Hubei province was 16500-17000 yuan/ton. Many factories began to replenish stocks. The purchasing volume increased. The load of monomer devices decreased. The market turnover improved. Some monomer manufacturers had the quotation in July. Overhaul plan.
| PVA 1799 (PVA BF17) |
Industry chain: Silicone DMC downstream products, silicone oil, silica gel market quotations rose slightly this week, according to different inventories, prices vary, the increase is 300-500 yuan per ton. Some enterprises suspend receiving orders.
3. Future Market Forecast
Business analysts believe that the price of silicone DMC will rise steadily or narrowly in the short term.
| PVA FIBER |