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A-share changes | Honda new material daily limit Silicone prices continue to rise

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On the 20th of December, Greenway reached the daily limit of Hongda New Material (002211.SZ) at 6.81 yuan, with a total market value of 2.945 billion yuan. The domestic organic silicon market bottomed out in December and the atmosphere picked up, and the organic silicon DMC market began to have rising voices. As of last weekend, the average price of the silicone DMC market in several mainstream regions was 17,333 yuan / ton. Compared with the beginning of this month, it has increased by about 530 yuan / ton, an increase of 3.17%. Individual manufacturers have continuously raised the increase by 1400 yuan. The current mainstream quotation of organic silicon DMC is around 17200-18000 yuan / ton, and the order quantity has rebounded from November. With the increase of replenishment downstream, the spot inventory of some manufacturers is tight. Honda New Material's main business is high-temperature silicone rubber materials, and its customers are domestic and foreign customers producing silicone rubber products.

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