February 23, 2022
The recent sharp rise in the price of silicone is caused by the joint action of several factors, among which the recent
surge in exports is the main reason.
It is understood that the output of a foreign production device of an international giant has been greatly reduced and
the foreign supply has been reduced due to the force majeure. However, the gradual opening up of foreign countries,
economic recovery and increased demand for silicone have led to a significant increase in export volume. Domestically,
at present, the downstream resumption of work after the festival, increased demand, low inventory of monomer factories
and shortage of spot promote the continuous rise of prices. However, it remains to be seen whether the price increase will
continue. At present, domestic manufacturers are operating well, many manufacturers are increasing the operating load,
and new production capacity is about to be released. It is expected that the price increase will not be sustainable.
Tag: Si metal, Silicone, Silicon metal 441,553,2201,3303.