Reported by relevant Vietnam’s media, the orders of silicone and relevant products in Vietnam are decreasing rapidly due to the lack of organic silicone materials. Some silicone rubber factories have to reduce the numbers of employees in the last few months of 2022.
Over 1 month, Vietnam is always been considered as being lack of silicone storage and cannot export corresponding products. I the beginning of October, many multinational silicone suppliers have cancelled the orders from Vietnam and the production ability of silicone and its products in Vietnam faces a large decrement of 37%.
