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silicone rubber market 20240320-1

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At present, the inventory of mixed rubber enterprises is relatively sufficient, so their willingness to stock up is not strong. During the trading process, there is a general attitude of holding down the price of raw rubber. However, in terms of demand, we can also see some positive signs. Some silicon product companies have started to raise prices, and the buying and selling sentiment in the market is gradually increasing. Based on the current market trend, some companies believe that prices may continue to rise even after large manufacturers stop quoting. This trend is beneficial for more silicon product companies to transmit the upward trend and may stimulate the stocking demand of some end markets, thereby also having a certain driving effect on the shipment of mixed rubber.
In the short term, with the boost of the terminal market, mixed rubber enterprises are expected to better digest inventory. It is expected that in the future, the mixed rubber market will mainly focus on active shipments, and prices will be flexibly adjusted according to changes in market demand.

Ethyl Silicone Rubber IOTA 2056 HTV-IOTA (phenylsilicone.com)

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