his week, spot prices of silicone rose by 3.1%, mainly driven by market volatility triggered by leading manufacturers resuming quotations and downstream firms accepting orders with explicit price hikes. However, strong wait-and-see sentiment on the demand side and insufficient follow-up have slowed the upward momentum. Imported functional silicone materials saw a 3-5% price surge in trade channels due to the shutdown and maintenance of Dow and Shin-Etsu plants in March, but limited transactions also occurred due to cautious terminal procurement, highlighting the industry's characteristics of "supply sensitivity and demand rigidity." Expectations for enhanced production capacity concentration continue to grow.
In the DMC market, leading manufacturers' quotations remain stable at a high level of 13,800 yuan/ton, shoring up market confidence. Prices of mainstream market grades stay in the range of 13,400-14,000 yuan/ton, with significant price differences across regions and brands. Although monomer enterprises collectively raised ex-factory prices by 3%-5%, terminal demand recovery fell short of expectations, and downstream procurement remained  - based (demand-driven), leading to light market transactions and weak acceptance of high-price supplies.
Currently, the market is dominated by a strong "speculative rally" atmosphere, with some traders hoarding goods to push up quotations. However, weak demand severely restricts the upside of prices, and there is a significant deviation between inflated quotations and actual transaction prices. If demand fails to follow up in a timely manner, this round of price increases may not be sustainable, and risks of price correction should be watched out for. In the short term, the silicone market is caught in a game between "strong expectations" and "weak reality," and it is recommended to closely monitor the terminal replenishment pace and price adjustment trends of leading manufacturers.