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Silicone oil market20231016

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Silicone oil market: last week the domestic silicone oil market smooth finishing operation. On the supply side, DMC first suppressed and then increased, the cost side support of silicone oil also changed from weak to strong, and the downstream began to actively enter the market. Silicone oil manufacturers digested pre-festival inventory raw materials while filling positions with the order volume at a low price. As far as we know, some large silicone oil factories have received thousands of tons of orders last week, and the order will be placed until late October, with a stronger attitude of price. Due to the relatively good control of silicone oil factory procurement pace in the past two months, profits improved slightly. In the short term, silicone oil supply side is stable and improving.
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