Home    Company News    Silicone upsurge after the fall period, the key period to buy

Silicone upsurge after the fall period, the key period to buy

Hits: 39 img

After experiencing a surge of only two months, the silicone industry is also facing a rapid decline. At this time downstream manufacturers are also in the wandering period. Since the end of October, the global commodity collective downward, ferrous metal and silicon metal also escape the decline, silicon metal futures prices fell rapidly. It can be seen that this round of silicone price decline is mainly caused by the expected change in the downstream collective production reduction, and then drive the spot demand to decline sharply and the price to weaken, so the downstream demand downturn, blocked storage reduction and cost collapse is the main reason for this wave of decline.

 

Machine silicon prices the key lies in amplitude game of supply and demand side, demand side, although the spot trading area remains cold and cheerless, but market sentiment slightly recovered, pessimistic and extreme panic stage or already as organic silicon prices down quickly and in the past, therefore, from the fundamentals perspective, the organic silicon prices there is no continue to accelerate downward support, Unless the demand continues to drive the mentality of traders to continue to weaken, otherwise silicone prices continue to decline space or will be limited. However, in the context of this year's great policy impact on prices, the impact of raw material prices on cost support is also very important.

 

A rebound is expected, so the timing of buying is critical.

Online QQ Service, Click here

QQ Service

What's App