In the middle of 2023, the market has not yet shown a major improvement. Since September 2021, the price of DMC (main material of silicone sealant) has fallen by 78%, which is a drop of 49,800 yuan from the historical high of 63,500 yuan/ton in September 2021. A year ago, the price of DMC was 20,700 yuan/ton, and the current lowest price is 13,700 yuan/ton.

From the perspective of application indicators and sentiment indicators, the silicone raw material market is at a low level, and it is more cost-effective than other chemical products. In the first half of the year, the performance of the silicone industry was weakly correlated with the fundamentals. With the confirmation of the inflection point of bottom-finding fundamentals, the silicone market in the second half of the year is expected to be dominated by fundamentals.

Therefore, it is also the best time to purchase silicone sealants. If you have needs, please don't hesitate to contact us to get a quotation.