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Silicone Mall News - August 3

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The opening price of DMC is 18900 yuan/ton, officially below 19000 yuan/ton. At present, the supply and demand sides are still playing games, and the upstream bidding seems to be a little weak. Considering the cost problem, some monomer factories with high cost have begun to lose money, and their ability to follow the decline is weakened. Leading monomer factory temporarily stable, the current DMC mainstream quotation in 19200~20000 yuan/ton. In the short term, there may be a single factory to follow the decline, as the decline continues to deepen, the downstream enterprises to cover the increase, the market is likely to repair the rebound.

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