110 Methyl Vinyl Silicone Rubber Prices Dropped

Published: Jun 16, 2023 15:20

Source: SMM

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As of June 15, the prices were 14,000-15,300 yuan/mt, with the average price down 250 yuan/mt to 14,650 yuan/mt.

This week, the prices of leading enterprises were lowered again as previous price cuts had failed to boost orders.

In addition, the growing inventories at enterprises also prompted the enterprises to lower prices further.

As of June 18, the average price of #421 silicon (for silicone) in east China was 14,600 yuan/mt, down 800 yuan/mt from a week earlier. Prices of methyl chloride in Shandong stood at 2,500 yuan/mt. The cost support for DMC weakened further.

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