In the past two days, the price of organosilicon has been corrected continuously. At present, the latest price of DMC has fallen to 24500 yuan / ton.


The main reason is that some large factories held high prices in the early stage, resulting in high inventory. Recently, new production capacity is continuously increasing production, which further increases the inventory pressure. Recently, there are many sources of goods in the market, so they can only be sold at a lower price. On the other hand, the price of raw metal silicon has also fallen continuously. There is plenty of rain this year. The southwest region has entered the wet season, and the production of metal silicon has increased. It has entered the period of price decline. It is expected that there is still some room for metal silicon to fall.


Under the combined action of increased supply, falling raw materials and poor demand, the price of silicone began to fall. At present, the bearish mentality in the downstream is heavy, but we need to pay attention to the recovery of cost line and terminal demand. It is expected that the price will gradually stabilize.


Hesheng silicon: it is proposed to raise no more than 7 billion yuan. Hesheng silicon announced that the company plans to raise no more than 7 billion yuan (including issuance expenses) through non-public offering of shares, which will be used to supplement working capital after deducting issuance expenses. The objects of this non-public offering are Luo Ying and Luo Yedong. Luo Ying and Luo Yedong are the shareholders and actual controllers of the company. At the same time, Luo Ying serves as the vice chairman of the company and Luo Yedong serves as the director and general manager of the company.


Indonesia reopened the export of raw palm oil and edible oil from May 23. On May 19 local time, Indonesian President Joko announced that the export of the country's original palm oil and edible oil would be reopened on May 23. Zoko said that the reopening of the export of original palm oil and edible oil was because the country's edible oil supply exceeded domestic demand. Earlier, the Indonesian government announced a ban on the export of edible oil on April 28.