According to media reports, the international organic silicon giant, Dow Chemical, announced a full-scale increase in the price of silicone, polymer, sealant and silicone rubber, up to 10%, detonating the market. The price increase will take effect on April 1.


Due to the huge impact of Dow in the silicone industry, this large price increase may bring about a big impact on the current but moderate price of the organic silicon market, which will drive domestic companies to rise, thus causing a new wave of price increases. In the past month, from the monomer to 107 glue, silicone oil, the price of silicone has been rising, and silicone rubber companies have increased prices twice in half a month. The company said that the price of organic silicon raw materials continued to rise and the supply of goods was tight, which led to the continuous increase in product production costs. The industry believes that the recent continuous rise in raw material prices has brought considerable pressure on enterprises. Different from previous years, the price increase of enterprises and the increase of raw material prices keep the same rhythm, so as to avoid the pressure of excessive raw material costs. With the arrival of the peak season, the strong demand for terminals also provides space for companies to raise prices. The traditional Golden Three Silver Four is coming. After the Spring Festival, major manufacturers have signed more orders. It is expected that the trend of rising prices will continue.


Related listed companies:


Xin'an shares: It is a silicone enterprise with the advantage of the whole industry chain, forming four series of products of silicone rubber, silicone oil, silicone resin and silane coupling agent.


Sanyou Chemical: It is one of the key enterprises in the domestic organic silicon industry, with an annual output of 200,000 tons of organic silicon.


Runhe Materials: It is one of the leading companies in the research and development and production of domestic new silicone materials.