Home    Company News    Silicone market 20240227-1

Silicone market 20240227-1

Hits: 1499 img

As the new week begins, the organic silicon market continues to exhibit a steady growth trend. The first two months of 2024 have presented a stark contrast in the market: while the price of metal silicon has been sliding, the price of organic silicon has been steadily rising, bringing a long-awaited recovery period for monomer manufacturers. Since January 6th, leading companies in the market have initiated the first round of price hikes this year, with DMC prices climbing from 14,500 yuan/ton to 15,600 yuan/ton. Meanwhile, the price of raw rubber has also widened the gap with DMC, increasing from 14,500 yuan/ton to the current range of 17,400-17,600 yuan/ton. The price increase in the past two months has exceeded 3,000 yuan/ton, which is significantly higher than the increase in DMC by 2,000 yuan/ton or more, bringing considerable profits to the industry.

Octaphenyl cyclotetrasiloxane IOTA-AKT-IOTA (phenylsilicone.com)

Online QQ Service, Click here

QQ Service

What's App