The raw material for silicone is DMC,the DMC chat tendency are as below:
Recently have a rapid increase for DMC,and money rate lose,freight charge issue,cause the silicone softener products also have some price adjustment. The monomer downstream gradually replenishes the inventory after the inventory is consumed to a low level, and the rebound in DMC transactions drives up the price. Secondly, most of the domestic monomer plants have an annual maintenance plan in June, which further promotes the rise of DMC prices