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Prices of 107 Silicone Rubber and Silicone Oil Drop Due to Insufficient Market Demand [SMM Silicone Daily Review]

iconJan 6, 2025 17:04
Source:SMM
[SMM Silicone Daily Review: Prices of 107 Silicone Rubber and Silicone Oil Decline Due to Insufficient Market Demand] The average price of 107 silicone rubber was 13,150 yuan/mt, down 100 yuan WoW, while the average price of silicone oil was 15,050 yuan/mt, down 300 yuan WoW.

SMM, January 6: The average price of 107 silicone rubber was 13,150 yuan/mt, down 100 yuan WoW. Recently, the price of 107 silicone rubber has been sluggish. It is understood that the operating rate of 107 silicone rubber is high, market orders are few, downstream stocking sentiment is low, and the overall market is in oversupply. It is expected to continue low-price sales.

The average price of silicone oil was 15,050 yuan/mt, down 300 yuan WoW. It is understood that low-price sales of silicone oil performed well, downstream enterprises showed strong stockpiling willingness, and the prices of foreign-brand silicone oil have remained stable recently. Competitive sentiment is limited, with prices mainly stable.

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