Overfall rebound today!

  In May, Caixin China's manufacturing PMI recorded 48.1, rising 2.1 percentage points month on month, and was in a contraction range for three consecutive months. The negative impact of the epidemic on the economy in many places continued, but the margin was smaller than last month.

  Overseas relevant people said that with the improvement of the global epidemic, the industry demand is expected to recover. The data shows that the overseas sales of Dow, Xinyue and Wacker brands have increased significantly in May, and the sales in the European and American markets have performed well.

  Recently, the epidemic situation of the new crown disease in China has improved significantly, and the number of newly confirmed cases in China has fallen below 100 for 6 consecutive days. Since June 1, Shanghai has fully implemented the normalized management of epidemic prevention and control, and fully restored the normal production and living order of the city, on the premise of strict adherence to the bottom line of large-scale rebound and ensuring that risks are controllable. As the silicone related products are multi consumer and spontaneous, the demand affected by the epidemic will not disappear but will be delayed. With the gradual control of the epidemic, the demand for silicone related products is expected to welcome a significant recovery.

  According to the industry analysis, from the sales of downstream products in May, the overall recovery was obvious. It can be seen that the overall demand for "organic silicon" is still high. With the resumption of production, the organic silicon industry is expected to return to the normal situation before the epidemic.