Last weekend, silicone giant Dow Chemical announced a full-scale increase in the price of silicone, polymer, sealant and silicone rubber, up to 10%, the new price will come into effect on April 1. Other organic silicon manufacturers and traders - Shin-Etsu, WACKER, KCC, Momentive and other similar follow-up price increases, ranging from 5% to 10%.


According to institutional data, in the first week of March, the domestic silicone market price was raised by 300 yuan/ton. Last week, the transaction price continued to increase by 500 yuan / ton.


Wacker Chemical's senior executives in the silicone business told the Shanghai Securities Journal that the price of organic silicon rose all the way after the Spring Festival this year, especially in the upper reaches, with different varieties, with an average increase of 10% to 15%.


According to analysis, the price increase of organic silicon is mainly due to the continuous increase in the operating rate of the downstream, and the stocking is considerable. It is said that the stocking volume of a number of downstream large plants has been added to the end of March, resulting in a compact single-unit plant and low inventory, and the price of silicone intermediate DMC continues to rise.