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silicone raw material market 20240108-3

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The increase in silicone prices over the weekend was mainly driven by three factors: first, the silicone market does have fewer social and factory pools; Secondly, in December 2023, China Development Bank, Export-Import Bank of China and Agricultural Development Bank of China made a net increase of 350 billion yuan of PSL, with a ending balance of 3.252.2 billion yuan and an interest rate of 2.4%. From the experience of the last round of shantytown renovation, PSL's leveraging effect on investment is about 1:3.5, driving the growth of silicone silicone rubber consumption by more than 60%. The funds invested this time are likely to be used for the construction of "three major projects", including the renovation of urban villages, low-income housing and the construction of "dual-use" public infrastructure; Finally, the head of the enterprise to boost market confidence, accelerate the launch of high gold content production reduction measures.
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