SMM Analysis On China October DMC Production And November Forecast

In October, the domestic production of silicone DMC decreased by 19.98% MoM. In October, the operating rate of monomer producers varied. Major monomer producers in east China underwent full-scale maintenance, while another monomer producer's new capacity started ramping up production. Additionally, in late October, monomer capacity in Hebei also resumed production. The operating rates of monomer producers were mixed, but overall production showed a slight decrease. In November, the operating rate of domestic monomer producers is expected to remain high, with fewer maintenance plans, and production is expected to rise to nearly 210,000 mt.