SMM Review of Silicone oil Market This Week

Published: May 19, 2023 10:58

Source: SMM

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This week, the prices of silicone oil from leading silicone companies first fell and then rose. The price cut spurred downstream buyers to place orders. Subsequently, silicone oil prices of leading silicone companies were raised but were still lower than the prices offered by other companies, which were forced to lower their quotes.

As of May 18, dimethicone prices stood between 16,300-17,000 yuan/mt, with a weekly average of 16,650 yuan/mt and a drop of 500 yuan/mt. Prices of foreign silicone oil brands stabilised at 17,500-18,500 yuan/mt this week.

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