Silicone metal, the key upper stream raw material of silicone rubber has reached a record high to RMB 30,000-30,500 / MT, in Sep 6th, 2021.
DMC price (derived from silicone metal) also reached at record high, RMB 42,000 / MT.
MARKET FORECAST
With the control of energy consumption and power limit continue, the expectation of supply contraction will be a strong support for silicon metal price. At the same time, the strong demand of silicone and all favorable factors will continue to push silicon metal to a new high. In September, two monomer devices were scheduled for annual overhaul. Now, due to insufficient silicon metal, the operation of monomer plants also show an unstable trend, the supply of silicone DMC is getting worse, and the middle and down stream are in desperate situation for raw materials.
In the short term, the mismatch between supply and demand cannot be alleviated. Upstream offers have a stronger selling powder, and profits can remain high, while the profits of middle and downstream manufacturers are highly squeezed. Their operating difficulties have gradually become industry problems.
For the future trend, most people in the industry said that the current high price contains "a good sum of water", which has seriously affected the healthy development of the silicone industry. But in this shortage wave, it is difficult to assert the future trend of ups and down. In the short term, the price increase trend has not come to an end.
Through data analysis and targeted campaigns, these agencies ensure that your brand's message is how to get more followers on tik tokĀ communicated effectively, leading to increased sales and growth.