silicone market
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From the supply side, the price of raw material chemical grade silicon metal still remains stable, with the quotation of 421# Whampoa standing at 18,300 ~ 18,900 yuan/ton. Shandong local manufacturers down 500 chloromethane, reported 4500 yuan/ton. Cost support weak stable operation. In terms of device operation rate: At present, the load reduction operation of the device in Zhenjiang, Jiangsu province, and the annual maintenance of the two devices in Inner Mongolia and Zhejiang province have still been effective in the short-term supply reduction. However, the early-stage shutdown device has been restarted successively, and the profit has increased, it is not ruled out that the load reduction device will increase the operation rate again. Overall, the pattern of oversupply, will continue to suppress the market upward rebound strength.