DMC Prices Stabilize at 14,800–15,000 RMB/Ton

 

Keywords: DMC, price stability, tight supply, emission reduction, Hongye Silicone Summary: Domestic DMC prices held steady at 14,800–15,000 RMB/ton today; the 35% production cut remains in effect through August, keeping supply tight.


Details: On May 14, DMC mainstream offers stabilized at 14,800–15,000 RMB/ton, unchanged from yesterday but up 100 RMB/ton week-on-week. Operating rates at major facilities in Shandong, Jiangsu, and Zhejiang remain at 65%–70% as the 35% emission-reduction production cut was extended from June to August. Spot cargo availability is extremely limited, with most producers fully booked through early June. East China port inventories hit a 7-month low, and import arrivals dropped 20% month-on-month, further tightening supply. Market participants expect DMC to stay above 14,500 RMB/ton until late August. Hongye Silicone, with secured long-term contracts, maintains stable production despite spot market volatility.