This week, the price of DMC stabilized but down in some areas. The major silicone monomer producers continued lowering the DMC price under the high inventory, downstream customers made moderate purchases at low prices, resulting in improved transaction amount. The price of silicon metal went on falling. The price of methyl chloride remained stable and that of methanol dropped. The production cost of DMC reduced a bit. With the falling price of raw materials and the reducing cost, the prices of OH polymer, gum, silicone fluid and HCR mostly decreased across China. Although the silicone monomer producers had low operating rate, the downstream markets still saw the sluggish demand for silicone. The silicone price is expected to stay relatively low in the short term.
