DMC goes up by 100! The market is making waves again? The latest market of silicone oil and polymer ! Quick look
Hereby, update information for you as?below:
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About DMC price on July 15, 2021 and effects on silicone oil and polymer.
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The quotation increased by 100 RMB/ton, DMC's external quotation was 30,600 RMB/ton, and other monomer plants remained stable.
The high support of DMC has given enough confidence to manufacturers of silicone oil and polymer that the price of silicone oil and polymer is high.
Therefore, the market quotations of silicone oil and polymer remain high. Today, the mainstream price of silicone oil is 32,000-33,000 RMB/ton; polymer is 31,000-31200 RMB/ ton;
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Why some prices on market is so cheap ?
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The continued high price model of silicone oil and polymer has caused downstream manufacturers to find it difficult to bear pressure. Even though some silicone?sealant?factories issued price increases last week, it is still difficult to transmit to the terminal. Therefore, many downstream manufacturers take the second place, hoping to purchase cracking Material silicone oil, polymer to reduce the cost. However, cracking material manufacturers have been in short supply, and recently, safety and environmental protection have been strictly investigated in various places. Some cracking material plants have been unstable and the supply of goods has not been smooth. Most of the cracking material manufacturers’ orders have been scheduled to the end of July, or even some large ones. Factory orders are scheduled until mid-August. In the short term, as long as the new materials remain at a high level, the demand for cracking material silicone oil and polymer will still perform well. With sufficient orders, raw materials manufacturers have no willingness to reduce price.
How about situation outside of China ?
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For foreign-owned brand silicone oil and polymer, because foreign demand is also rising, and individual foreign-funded monomer devices are not operating smoothly, not only the domestic supply is reduced, but also a large number of domestic DMC production needs to be purchased, so the cost is also rising.
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In the short term, the highs will continue, and some of them are likely to rise.
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How to provide competitive goods without quality compromise with new materials ?
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Business Development Executive | 16 years experience in kitchenware | Help customers organize new brands for the USA on Amazon and Shopify | Creat 12 exclusive collections per year as permanent sales for Chain-stores
3 年Thanks a lot for your detailed sharing about DMC affected silicone oil and polymer! It jumps up again nowadays and hard to find ! Is it possible to share the reason of DMC increased?