Spot fell another 1000, exports increased by 84% year-on-year, imports decreased by 28% year-on-year, and prices rose by 54% year-on-year. The latest trade data
Hits: 742
img
At the beginning of 2022, the silicone market ushered in a wave of big price increases, which is largely due to the increase in exports. According to the latest trade data, the import decreased by 35% year-on-year in January, the export increased by 100% year-on-year, the import decreased by 16% year-on-year in February, and the export increased by 66% year-on-year.
From January to February, the cumulative export increased by 84% year-on-year, the import decreased by 28% year-on-year, and the average import price and average export price increased by about 54% year-on-year.