Xinyue said in a statement on its official website on March 17 that after the earthquake on March 16, some factories and factories of the group company stopped operation. However, no personnel were injured and there was no major damage to the equipment. For the factories that are temporarily shut down, the safety first process shall be started and the operation shall be resumed in turn.






Each accident will lead to an increase in the price of silicone. In October 2020, an accident at a monomer factory in Zhejiang Province led to a sudden increase in the price. In June 2021, an accident at a monomer factory in Xinjiang also led to an increase in the price of the domestic market. The impact of the Xinyue Black Swan incident on the domestic market will also increase?






Xinyue is a global silicone industry giant, mainly producing special silicone products. Its main production bases are located in Gunma County, Japan and Thailand. It has a silicone production base in Nantong, China. According to the currently published data, the impact of the earthquake is limited and production is expected to resume soon.






The short-term shutdown has little impact on the domestic market. On the one hand, Xinyue's products produced in Japan are rarely exported to China. On the other hand, the price of high-end products and special products in the domestic market has been high. Some products of Xinyue have been in short supply, and there are few substitutes in China.






Impact of domestic epidemic: the recent outbreak in many places has had a certain impact on the transportation of raw materials and the commencement of downstream manufacturers, and has a certain impact on the silicone market, but the downward trend of the market has not changed. At present, the downstream is mainly on the sidelines, just need to purchase, and the silicone quotation remains stable, but the actual transaction price has been reduced a lot, and the quotation is expected to be reduced next week. However, the maintenance of monomer factories has increased recently. After the recovery of the epidemic, if centralized procurement and hoarding occur again in the downstream, it may have a certain impact on the market again.


Jibang Consulting: the strong earthquake in Northeast Japan has not had much impact on semiconductor related production: Northeast Japan is an important production town of raw materials in the upstream of semiconductors in the world. The impact of the magnitude 7.3 strong earthquake off Fukushima, Japan, has attracted much market attention. According to the report released by Jibang consulting on the evening of March 17, from the perspective of the earthquake intensity area, only the K1 plant listed in the north of Kaixia may be further repaired in this quarter, while some production lines of other memory companies or semiconductor companies were inspected, which did not have a great impact on the whole.






Ministry of Commerce: RCEP will officially enter into force for Malaysia from March 18: Gao Feng, a spokesman of the Ministry of Commerce, said at a regular press conference of the Ministry of Commerce on March 17 that RCEP will officially enter into force for Malaysia from March 18. The mutual implementation of RCEP market opening commitments and rules in various fields between China and Malaysia will further improve the level of trade and investment cooperation between the two countries and bring more dividends to enterprises and consumers of the two countries. It will also be conducive to the complementarity and deep integration of regional industrial chain and supply chain advantages and make new contributions to regional economic growth.






Domestic gasoline and diesel prices increased by 750 yuan and 720 yuan per ton respectively: according to the national development and Reform Commission, a new round of refined oil price adjustment window will open at 24:00 today (March 17). According to the national development and Reform Commission, the details of this oil price adjustment are as follows: the domestic gasoline and diesel prices have increased by 750 yuan and 720 yuan per ton respectively. National average: 0.59 yuan per liter of No. 92 gasoline; 95 gasoline will be increased by 0.62 yuan per liter; 0 diesel increased by 0.62 yuan per liter. According to the estimation of 50L capacity of general household automobile fuel tank, filling a box of No. 92 gasoline will cost 29.5 yuan more.






Zhang Jianhua, director of the national energy administration, said that new important achievements will be made in energy work in 2021. In the face of the severe situation such as the rapid rise of coal prices and the orderly expansion of power consumption in the second half of the year, we should take decisive measures and unconventional methods, make good use of the valuable time window, go all out to increase production and supply, take multiple measures to stabilize market fluctuations, resolutely and effectively correct unreasonable price increases, and do a good job in the supply and reserve of coal, electricity, oil and gas before the peak season of energy consumption, so as to ensure sufficient energy supply. We will strengthen the bottom-up guarantee of coal, continue to fight the "combined fist" of increasing production and supply, and release the emergency supply capacity.






Antitrust working conference of national market supervision system held: on March 17, the antitrust working conference of national market supervision system was held in the form of video. The meeting requested to focus on improving the level of anti-monopoly legalization, strive to improve the legal system of fair competition, and provide clearer behavior guidance for market subjects. Focus on boosting market expectations and confidence, strive to deepen the implementation of fair competition policy and help smooth the domestic cycle. Focus on stabilizing the macro economy and ensuring the well-being of people's livelihood, strive to strengthen antitrust supervision and law enforcement in key areas, and turn the "soft power" of fair competition into the "hard power" to promote development