In the case of the general rise of the market, the silicone plate rebounded strongly, up 1.62%. Most silicone stocks rose higher, and Chenguang new material, which increased more recently, fell sharply.


The State Council recently issued the notice on further implementing the law of the people's Republic of China on administrative penalties to further standardize the implementation of administrative penalties. We should fully and correctly perform the function of administrative punishment according to law, adhere to law enforcement for the people, do not impose administrative punishment in violation of law, do not punish for punishment, resolutely put an end to profit seeking law enforcement, and strictly prohibit the issuance of penalty and confiscation indicators. The setting and use of electronic technology monitoring equipment shall be standardized. We should adhere to the principle of Combining Leniency with severity, and should not impose "one size fits all" administrative penalties such as ordering suspension of production and business or ordering closure without identifying the illegal facts. We should improve the connection mechanism of legal liability and refine the system of ordering the return and compensation of illegal income.


New energy: in November, the retail sales of new energy passenger vehicles reached 378000, a year-on-year increase of 122.3% and a month on month increase of 19.8%; In November, the retail sales of passenger car market reached 1.816 million, a year-on-year decrease of 12.7%, a decrease of 6% compared with November 2019, which is generally not strong.


In the case of sluggish demand in traditional industries, the new energy field will be the biggest driving force to drive the development of silicone industry.