Export & Industry: Tax Rebate Cancellation Bites; “Anti-Inv
Center Sentence: The cancellation of the 13% silicone export tax rebate has increased low-end export costs, while the industry’s “anti-involution” measures have stabilized DMC prices and improved leading enterprises’ profitability, reflecting the impact of silicone export policy on the industry.
-
Policy Impact: Since April 1, removal of 13% VAT export rebate on primary polysiloxanes adds ~1,600 yuan/ton to export costs for 107 rubber, squeezing low-end margins.
-
Industry Self-Regulation: “Anti-involution” production cuts and price stabilization lifted DMC from 11,300 yuan/ton (Oct 2025) to >14,000 yuan/ton; leaders like Dongyue Silicone report Q1 profit surges 424–475% YoY.
-
Export Trend: Low-end primary product exports decline; high-value-added specialty silicone exports maintain growth, with focus shifting to Southeast Asia, Europe, and North America.
∷
