Last week, China's silicone market maintained its upward trend, with the mainstream price range of raw material DMC (dimethylcyclosiloxane) climbing to 10,800-11,500 RMB/ton. The average transaction price reached 10,950 RMB/ton, marking an increase of approximately 100-200 RMB/ton from the previous week. This price hike was primarily driven by two factors: sustained rising prices of upstream metallic silicon and improved market confidence due to increased pre-sale orders from manufacturers.

Upstream Market Dynamics

• Metallic Silicon: Prices continued to rise, providing strong cost support

• Methanol: Prices fluctuated within a narrow range, with limited impact on DMC costs

Downstream Product Performance
Following the upward trend of DMC prices, downstream products showed mixed movements:

• 107 Silicone Rubber & Raw Silicone Rubber: Stabilized with partial increases of 50-100 RMB/ton

• Silicone Oil: Some manufacturers tentatively raised quotations

• Mixed Rubber: Prices remained stable amid tepid market demand

Market Outlook
Analysts suggest that the upward momentum of DMC prices has weakened and expect prices to fluctuate within a narrow range in the short term. With no significant improvement in demand for downstream silicone products, prices are likely to remain generally stable with minor local adjustments.

Key Focus Areas

1. Price trends of upstream metallic silicon

2. Manufacturer inventories and order status

3. Changes in end-market demand

Data Snapshot

(Note: The above data is for reference only. Actual transactions are subject to market conditions.)