Home    Company News    Revealing the Price Trend of Dimethyl Silicone Oil in 2024: Rising First and Then Falling, with the Annual Average Price Down 8.5%

Revealing the Price Trend of Dimethyl Silicone Oil in 2024: Rising First and Then Falling, with the Annual Average Price Down 8.5%

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In 2024, the price of dimethyl silicone oil fluctuated significantly. From January to mid - March, due to the rebound in the price of raw material DMC, with strong cost support, the price rose to the highest point of the year, 17,800 yuan/ton. After late March, the price of DMC fell back, and the demand recovery in downstream industries such as textiles and daily chemicals was slow. In May, the average price dropped to the lowest point of the year, 14,800 yuan/ton. Since then, the market price has fluctuated within a range. Although there were short - term rebounds, the average price at the end of the year was 15,300 yuan/ton, and the annual average price of domestic dimethyl silicone oil was 15,683 yuan/ton, a year - on - year decrease of 8.5%. Near the end of the year, the price of raw material DMC rose, and downstream enterprises stocked appropriately before the festival. It is expected that the price will be stable and favorable in the short term.

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