Recently, the Quzhou Municipal Ecological Environment Bureau issued a public notice regarding the proposed approval of the environmental impact report for Zhejiang Yonggao New Materials Co., Ltd.'s annual production of 30,800 tons of high-performance silicone adhesive new materials project. PriceSeek analyzed silicone DMC, with a long-short score of -1. The project's annual production of 30,800 tons of high-performance silicone adhesive receiving environmental approval implies that new production capacity will be put into operation, increasing the market supply of silicone DMC. The increase in supply may shift the supply-demand balance toward oversupply, exerting downward pressure on spot prices, which is generally considered a bearish influence.