107 Silicone Rubber Quotes Crash 500 yuan/mt as of Apr 27

Published: Apr 28, 2023 13:13

Source: SMM

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107 silicone rubber trades were poor this week as downstream companies that held a risk aversion sentiment restocked cargoes only on rigid demand.

SHANGHAI, Apr 28 (SMM) - 107 silicone rubber trades were poor this week as downstream companies that held a risk aversion sentiment restocked cargoes only on rigid demand. Some producers lowered prices for shipments, but they failed to stimulate the market. DMC prices were stable with occasional drops, weakening its support for 107 silicone rubber quotes. 107 silicone rubber prices were huge huge pressure from excess production capacity and the slow recovery of demand. The prices stood at 15,200-16,000 yuan/mt as of April 27, with the average price crashing 500 yuan/mt WoW to 15,600 yuan/mt.

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