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Silicone market 20240122

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Demand side: For silicones, DMC spot prices have started to rise today. Due to the behavior of big factories, the market transaction price rose sharply, triggering optimism in the market, and downstream buyers began to participate in the transaction more actively. As for polysilicon, prices are holding steady for now. The volume of transactions in the market is still limited and mainly small transactions. New capacity is still being added gradually and the cost of high-quality silicon is expected to rise, which could pressure prices in the short term.
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