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Organic silicone product prices skyrocketing chart —- Jiangxi New Materials Co., Ltd.
In June 2017, organic silicon suddenly gained momentum and DMC prices began to rise. Everyone thought it was just a temporary fluctuation. Unexpectedly, it got out of hand. Except for a brief decline in November last year, it has been on the rise. So far, in one year, the prices of DMC, silicone oil, silicone rubber, etc. have increased beyond recognition, and there is no money available. So, in the past year, how much have these silicone products increased and what is their growth rate? Lets come look.
DMC and D4 were the first to increase their prices, with prices skyrocketing from 20,000 yuan/ton. In July last year, In the three months of October, it rose by 50%, then gradually stabilized, and then rose again after the year, reaching the current price of about 35,500 yuan/ton.
Driven by the rise in raw material prices, the prices of silicone downstream products have also been rising, almost maintaining the same level as Raw material prices follow the same trend.
Relatively speaking, the price increase of dimethyl silicone oil is relatively gentle, but the overall price increase is larger. From July to October last year and from February to June this year, the increase reached 50% in both cases!
The rise in silicone prices over the past year can be said to have originated from environmental protection and is rooted in the reversal of supply and demand. At present, the impact of environmental protection on the silicone market is no longer so obvious, but the supply and demand relationship has stabilized in a short period of time. At present, the price of organic silicon products is already at a historical high, and the possibility of a sharp rise is very small, but a sharp drop is also unlikely. In the foreseeable period, the main purpose will be to maintain stability at a high level.
