STOCKS | Sanfu Shares Close Down 7.34% After Silicone Product Prices Pull Back

Sanfu Shares’ stock fell sharply on July 3, closing at 64.8 yuan per share, down 7.34%. According to Jin10, prices for key products in the organosilicon industry have recently pulled back. Data from BaiChuanYingFu showed a notable decline in reference prices for major organosilicon products, with organosilicon raw rubber, organosilicon DMC, and organosilicon 107 gel leading the drop. For organosilicon 107 gel, the daily decline reached 2.86% on July 3, and the daily decline reached 5.41% on July 1. In response, Sanfu Shares said its organosilicon products are mainly silane coupling agents, and product prices follow market pricing. The company said specific details are subject to its announcements.