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Silicone market 20240201

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Overall, the early rally released downstream pre-holiday demand and slightly repaired the profit side. The market continues to perform well. In addition, the "good start" in January has slightly opened the market order window. After long-term upstream and downstream production cuts, the imbalance between supply and demand has eased slightly and market confidence has been restored to some extent. There are optimistic expectations for the post-holiday market. However, there are still risks of overcapacity and pressure to put new capacity on the market. There is still great uncertainty in the post-holiday silicone market. So you still need to be careful.
Methylphenypolysiloxane IOTA BJ400-IOTA (phenylsilicone.com)

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