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Silicone market 20240201

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Near the Spring Festival, silicone market into the closed stage, the overall atmosphere turned light, volume reduction. The amount of new orders received by single factories also decreases, and everyone's pre-sale orders have been saturated, and the middle and downstream enterprises are unable to stock up. It is expected that the upstream and downstream are in the stage of digests orders before the festival. In this case, the adjustment space of DMC price is limited, and local exploration is difficult to stimulate downstream stocking. Therefore, Shandong individual monomer plant adjusted prices again yesterday, DMC fell 100, DMC market is expected to remain stable this week.
Methylphenypolysiloxane IOTA BJ400-IOTA (phenylsilicone.com)

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