The cold wave is coming!

Monitoring data shows that silicone is experiencing the largest cold wave in history! DMC has continued to decline from the highest level of 60000+to the current 16000+, which is the current situation of many hoarding bosses this year. When you think you are trying to copy the bottom, you turn around and find yourself "copied", especially the spot traders, who have suffered a direct loss of more than 8 million.

The industry said that on the whole, under the background of accelerated release of silicone production capacity, the price of raw materials has basically confirmed the bottoming trend, and structurally speaking, the price reduction in the upstream is far greater than that in the downstream.