Yesterday, the quotation of silicone products of some main manufacturers was significantly reduced. The lowest quotation of rubber compound was 19800 yuan / ton and DMC was 24000 yuan / ton, which has fallen significantly compared with the previous price.

Recently, the price of raw metal silicon has been continuously reduced. At present, the average price is about 21000 yuan. It is expected that the price will continue to fall in the wet season, 421# price is expected to remain at 19000-20000 yuan / ton, and the production cost of silicone will also fall. According to the current production cost and supply situation, DMC still has some room to fall, but we need to pay attention to the cost line of monomer plant. Once it falls below the cost line, the supply side will be reduced and the price may rebound.


Biden made a statement in Tokyo on "whether to abolish tariff barriers to China". According to Agence France Presse reported on the 23rd, US President Joe Biden said in Tokyo on Monday that he was considering removing some tariff barriers to China, and stressed that these barriers were not set by his government. The report said that when asked by the media whether it is possible to eliminate tariff barriers, he said, "we have not set these tariff barriers". Biden added that the removal of tariff barriers was "under study". A spokesman for the Chinese Foreign Ministry said earlier that the essence of China US economic and trade cooperation is mutual benefit and win-win results. There are no winners in trade and tariff wars. The unilateral imposition of tariffs by the United States is not conducive to China, the United States and the world.


Korean customs: exports in the first 20 days of May increased by 24% year-on-year, and semiconductors increased by 13.5% year-on-year. According to the preliminary statistics released by the South Korean customs office (customs) on the 23rd, the export volume of South Korea in the first 20 days of May increased by 24.1% year-on-year to US $38.617 billion. According to various categories, semiconductors increased by 13.5% year-on-year, petroleum products increased by 145.1% year-on-year, and passenger cars, steel products, auto parts and ships increased by 17.5%, 25.6%, 8.3% and 28.3% respectively. Wireless communication equipment decreased by 21.3% year-on-year.


Xin'an shares: it is proposed to raise no more than 1.8 billion yuan. Xin'an Co., Ltd. announced that it plans to raise no more than 1.8 billion yuan for the relocation and upgrading project of Zhejiang Kaihua synthetic materials Co., Ltd., 35600 T / a high-purity polysiloxane project and supplementary working capital.