SHANGHAI, Feb 24 (SMM) - The prices of most silicone products climbed further this week. As of February 23, the prices of DMC stood at 17,400-18,200 yuan/mt, with the average price up 250 yuan/mt from a week earlier.
One DMC plant in Shandong raised its quotes by 100 yuan/mt from a week earlier to 17,400 yuan/mt. Leading DMC plants kept their at quotes stable at 17,500 yuan/mt currently. The mainstream quotes by other DMC plants stood at 18,000 yuan/mt.
The price of domestic 107 silicone rubber rose by 100 yuan/mt and the mainstream traded prices stood at 18,300 yuan/mt. The price of 110 methyl vinyl silicone rubber and silicone oil remained stable.
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