The recent sharp rise in the price of silicone is caused by the joint action of several factors, among which the recent surge in exports is the main reason. It is understood that the output of a foreign production device of an international giant has been greatly reduced and the foreign supply has been reduced due to force majeure. However, the gradual opening up of foreign countries, economic recovery and increased demand for silicone have led to a significant increase in export volume. Domestically, at present, the downstream resumption of work after the festival, increased demand, low inventory of monomer factories and shortage of spot promote the continuous rise of prices. However, it remains to be seen whether the price increase will continue. At present, domestic manufacturers are operating well, many manufacturers are increasing the operating load, and new production capacity is about to be released. It is expected that the price increase will not be sustainable.






Macroeconomic






Finance Minister Liu Kun: this year, we will implement more large-scale tax cuts and fee reductions to maintain appropriate expenditure intensity. Finance Minister Liu Kun said at a news conference today that greater efforts will be made to reduce taxes and fees. On the basis of 1.1 trillion yuan last year, more large-scale tax cuts and fees will be implemented this year, and market players will have more sense of gain. Maintain appropriate expenditure intensity, focus on supporting key scientific and technological research, ecological and environmental protection, basic people's livelihood, major regional strategies, modern agriculture and major projects in the national 14th five year plan, improve the accuracy of expenditure and do not sprinkle "pepper".






The national development and Reform Commission once again stabilized the coal price. A meeting on stabilizing the coal price was held twice in February: on February 22, the national development and Reform Commission once again stabilized the coal price. It was learned from the delegates that at 15:00 on the same day, the economic operation Bureau of the national development and Reform Commission held a video conference on stabilizing coal prices. The participants included Shaanxi Provincial Development and Reform Commission, Shaanxi Provincial Energy Bureau, Shanxi Provincial Energy Bureau, Inner Mongolia Autonomous Region Energy Bureau, Hebei Port Group, China Iron and steel network, etc. the conference mainly focused on the current coal market price We will study and standardize coal market transactions and stabilize the coal price market.