Yesterday, DMC prices of most manufacturers were 22800 yuan / ton, while DMC prices of some manufacturers in Shandong were reduced to 21200 yuan / ton. The situation of receiving orders did not improve. Today, DMC prices were adjusted to 20500 yuan / ton, down 1500 yuan a day; The quotation of 107 rubber and raw rubber remained stable, and the quotation of mixed rubber was slightly reduced by 500 yuan.

Today, the price of metallic silicon rose and the price of methyl chloride fell; Downstream manufacturers have a cautious attitude, mainly just need to purchase, and the market is still weak; The situation of oversupply continues, and the price of silicone will have a long adjustment period. It is expected that the price of silicone will stabilize in the short term.

US tariffs on China: US Treasury Secretary Yellen said on Wednesday US Eastern time that the Biden administration was actively considering "resetting" tariffs on Chinese imports, but warned that tariff reduction was not a "panacea" to ease high inflation. Yellen said at the hearing of the fund raising Committee of the U.S. House of representatives that the Biden administration was studying the revision of the "article 301" tariffs on Chinese goods and the procedures for exempting these tariffs for some specific products. She said that more information about the tariff plan would be made public in the coming weeks, adding that these changes were "under active consideration".

Sanfu Co., Ltd.: Sanfu Co., Ltd. announced on June 14 that it plans to invest 3million US dollars to establish Sanfu (Hong Kong) Trading Co., Ltd. (English Name: sunfar (Hong Kong) Trading Co., Ltd.) (the final name shall be subject to the registration of the local competent authority); The business scope of the company includes sales of goods, import and export of goods and business services; The establishment of a wholly-owned subsidiary in Hong Kong is to meet the needs of Sanfu's overseas market expansion and overseas business layout, which is conducive to relying on Hong Kong's geographical advantages, effectively strengthening international cooperation and overseas business development, and has a positive impact on Sanfu's long-term development and strategic layout. In addition, in order to further improve the strategic layout of the company, Sanfu Co., Ltd. plans to sign the contract for the establishment of Hebei Wenfeng Sanfu Chemical Technology Co., Ltd. with Wenfeng new materials, with a total investment of RMB 500million to establish a joint venture, of which Sanfu Co., Ltd. contributes RMB 250million and holds 50% of the equity; The name of the joint venture is tentatively determined as "Hebei Wenfeng Sanfu Chemical Technology Co., Ltd." the business scope of the company includes chemical product production, chemical product sales (excluding licensed chemical products), technology development, technical consulting, technical services, technology transfer, technology promotion, new material technology research and development, goods import and export, and technology import and export.

Silicone concept: on June 14, ba'an water (300262) added the "silicone concept". The reason for selection: Shanghai ba'an water Co., Ltd. signed a framework cooperation agreement with the people's Government of Loude Town, Xintai City on the BOT project of hazardous waste and medical waste incineration plant in Xintai circular economy industrial park, and built a 100000 t / a silicone monomer production base. The main business of ba'an water is to provide continuous and innovative intelligent and all-round technical and economic solutions for water treatment for large industrial projects and municipal projects such as water supply, sewage treatment and sponge city construction.

Jiujiang Yongxiu: the silicone science and innovation park project in Yongxiu county has a total investment of 670million yuan and covers an area of 184 mu. It mainly builds "one institute and four centers" for the silicone industry. In 2022, it will build 8 sub projects, including engineering center, R & D center and high-purity silicone oil. The project is the first organic silicon industry in Yongxiu county to build a 100 billion yuan organic silicon industry, introducing the technology and R & D strength of Jiangxi Bluestar Xinghuo organic silicon company, and relying on the national enterprise technology center to build an organic silicon science and innovation park integrating organic silicon market development, technology research and development, talent cultivation, new product incubation, production and sales.