China Silicone Resin Prices Fall 5.20% in June on Weak Demand and Lower Feedstock Costs

China's silicone resin market extended a downbeat trajectory in June, as a looser supply backdrop and subdued end-market demand pressured offers across domestic and export channels. Early feedstock relief supported higher run rates on coastal resin lines, while mid-month upstream gains expanded export-grade tonnage. By month-end, cautious buyers with stretched inventories delayed call-offs, prompting sellers to cut offers to clear volumes. The overall picture was supply-firm but demand-weak, with opportunistic selling and logistical pauses around holidays tempering any rapid rebound. Sector dynamics underscored the softer tone: construction and architectural-coatings converters postponed purchases, while export-related industrial coatings demand softened with distributors in key regions slowing tenders. In contrast, electronics resin demand remained steady but did not accelerate spot buying. Upstream, oversupply of silicon-metal and lower feedstock costs supported fuller production runs, while export-tax policy shifts weighed on margins. The near-term outlook remains mixed, with downstream demand and broader market conditions likely to determine whether retrenchment gives way to a measured rebound.