Explosion! DMC down 80%, will it go down? A big factory fell, July 10th metal silicon, 107 rubber, silicone oil, raw rubber, DMC mainstream quotation, quick look!

China Materials Conference 2022-2023 opened in Shenzhen International Convention and Exhibition Center, new materials industry is Guangdong's advantage industry. In 2021, the output value of Guangdong's new materials industry is 2.7 trillion yuan, ranking first in the country. Shenzhen insists on grasping new materials as the focus of the "20+8" strategic emerging industrial cluster and future industries, accelerating the construction of new materials technology innovation and application demonstration highland, and striving to build the world's leading and important advanced manufacturing center. The exhibition hall learned that a number of silicone materials used in high-end manufacturing were unveiled.

Due to the long-term continuation of the depressed demand in the silicone market compared to 2022, the most fierce price war in the history of the industry came last week, and the DMC price was significantly reduced to exceed expectations, and the raw rubber price hit a 20-year low! The latest price of DMC was between 13,100 and 13,400 yuan, and the lowest transaction price fell 80% from the highest price in 2021. It remains to be seen whether the industry can stir up optimism that the market will rebound in the second half of the year.

Silicone Material, Silicone Oil, Silicone Products