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Sinochem News Network reported on July 13 that the silicone concept had an active intraday trend
.
As of press time, Runhe Materials soared nearly 12%, Chenguang New Materials, Sanfu shares daily limit, Dongyue Silicon, Jin Yinhe, Hesheng Silicon, etc.
rose by more than 6%, Luxi Chemical, Sanyou Chemical, Hongbai New Materials, etc.
Business agency data show that on July 8, the average market price of organic silicon DMC in mainstream areas in China was about 30,600 yuan/ton, a cumulative increase of 14.
62% from June 1
.
Industry insiders believe that the silicone market will be tight in the short term, and downstream stocks will be active.
At present, the monomer plant orders are mostly scheduled to mid-July.
The pressure on silicone DMC inventory is still relatively small.
It is expected that the market will continue to run at a high level in the short term
.
Wanlian Securities pointed out that, from the supply side, the repair of the Shihezi device in Xinjiang is coming to an end, and production will resume in mid-July
.
Other major installations are under normal operation, and manufacturers mainly deliver pre-orders
.
