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Stable price for silicone and forecast of the market tender

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Stable price for silicone and forecast of the market tender

  • Author:
  • Origin:
  • Time of issue:2019-11-01 10:06
  • Views:11

Stable price for silicone and forecast of the market tender

(Summary description)Silicone price tend to stable and supply stable

  • Categories:News
  • Author:
  • Origin:
  • Time of issue:2019-11-01 10:06
  • Views:11
Information

The Federal Reserve announced the October interest rate resolution, announcing a 25 basis point rate cut! This is the third time the Fed cut interest rates during the year, which is good for global manufacturing. Since the beginning of the festival, the basic materials of the middle and lower reaches of the silicone have been purchased with the basic materials and will not be stored in large quantities. The monitoring data of the whole network showed that this week, the mainstream manufacturers of organic silicon showed low inventory, increased inquiry, warmer transactions, slightly improved business mentality, and some promising minors and other positive signs. Today, the "October ambush" is coming to an end. The market has not ushered in a hot scene similar to that of previous years. The wait-and-see attitude is still strong. In the short term, the market lacks real positive stimulus. It is expected that the trend of organic silicon prices will stabilize and resume in November.

Silicone sealant and silicone oil specialist.Hunan Tengcan Lyrin Technology Co.,LTD.

 

-From Global Organic Silicone News.

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