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HOME >> NEWS >>news >> Silica Tendency in the first month of 2024
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Silica Tendency in the first month of 2024

DMC prices continue to rise. Raw material prices rose last week. Some monomer plants have maintenance plans in early January. Monomer operating rates are about to decline. Monomer plants are closed and reluctant to sell. The spot circulation of DMC has declined. At the same time, downstream enthusiasm for purchasing goods has increased, and DMC prices have continued to rise. The price of silicon metal rose overall, the price of methyl chloride remained stable, the price of methanol fell slightly, and DMC cost support strengthened. Raw material prices continue to rise, with strong cost support. The prices of 107 rubber, raw rubber, mixed rubber and silicone oil are mainly stable. As the cost side continues to strengthen recently, monomer supply is expected to decrease, and downstream demand has improved. The organic silicon market is expected to see steady growth in the near future. In the near future, we will focus on the price dynamics of main factories, the start-up of individual factories and the status of downstream stocking.

China's fumed silica market is in a weak decline, and corporate quotations and transaction focus have declined. In terms of upstream raw materials, market supply is stable, downstream demand is weakening, and the prices of monomethyltrichlorosilane and silicon tetrachloride have been slightly reduced. Downstream of gas silicone, room temperature glue, compound rubber and other companies mainly collect more money and control shipments. The start-up situation is average. The demand for gas silicon is limited, so they maintain rigid purchases. In the short term, upstream raw material prices are still likely to continue to fall, downstream demand continues to be flat, and cost and order support are limited. It is expected that the gas silicon market will be weak and volatile in the short term.

Sea delivery price increases, especially to Europe, so the final CIF price will be super high. And the supply before Chinese Spring Festival is in tense. if you have demand before March, we will suggest to order asap.


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