The latest news of silicone on October 26

The monitoring data showed that the silicone market rebounded slightly within the day, the mood was slightly warmer, the demand side was relatively stable, and the cyclical attribute was weakened. The main reasons for the expected rebound in the industry are: 1) The cost of metal silicon, natural gas, transportation and other costs continue to rise; 2) The downstream demand has warmed up, and the export data is bright.

The organic silicon waterproof field is continuously beneficial! Under the goal of "double carbon", it is a general trend to develop low-carbon and environment-friendly green buildings. The new waterproof regulations have been officially implemented and the green building materials have been comprehensively promoted by three departments. The green building materials industry is expected to accelerate its development and benefit the leading enterprises with brand and product advantages; At the same time, the new silicone waterproof regulations are expected to increase the overall demand for waterproof materials, while the demand for infrastructure construction is accelerating. With the low base and loose policies, downstream real estate is expected to increase its size and sales are also expected to gradually improve. On the whole, the demand for consumer building materials represented by silicone waterproof is expected to improve step by step.

The latest news of Xingfa Group: the production equipment of the subsidiary is back in production. Hubei Xingrui Silicon Materials Co., Ltd., a wholly-owned subsidiary of the Company, suspended production and overhauled the 220t circulating fluidized bed boiler unit in the first ten days of September 2022. As of October 22, the overhaul of the above unit has been completed and production has resumed. Main business of Xingfa Group: production and sales of fine phosphorus chemical products such as phosphate rock and phosphate, glyphosate and glycine, chlor alkali and organosilicon products, fertilizer products, electronic chemicals, etc., as well as trade of related chemical products.