The silicone market will enter the “midsummer” with great momentum —- Jiangxi New Materials Co., Ltd.
May is a continuing month for silicones In a crazy month of January, raw material prices skyrocketed, with DMC prices rising every day, approaching 35,000 yuan/ton, reaching a record high!
Since there will be important meetings in Shandong in the near future, the north The production of silicon companies has been restricted to a certain extent. Some companies in Jiangsu and Zhejiang have entered the maintenance period. In addition, the company’s own consumption is large, and the market supply is even tighter. Most manufacturers have suspended quotations and negotiated one by one! You have to wait in long lines to get money, and you can’t even buy goods.
Facing the shortage of raw materials and the frenzy of price increases , downstream costs have skyrocketed, and panic has increased. In desperation, they have issued price increase letters and announced increases in product prices.
Currently, the silicone market is changing day by day. , one price a day, one quote per order, the raw materials have risen to the point where there is no solution, and after the downstream goes crazy, the prices have no choice but to keep up!
At present, the domestic 107 plastic quotation continues to rise , the export orders of enterprises have increased; the overall operating level of raw rubber enterprises is not high, and the price increase is more obvious; some silicone oil enterprises have raised their prices to 2,000 yuan/ton.
Overall, limited production, maintenance, Due to the superposition of multiple factors such as environmental protection, it is unlikely that the tight supply of raw materials will be alleviated in the short term. At present, cost pressure has been transmitted to the downstream, and the increase in raw material prices will inevitably drive the downstream to follow suit. Therefore, within the foreseeable period, the hot trend of the organic silicon market will also enter the “midsummer”!
