Home » Runhe Materials stock price changes suggest the risk of rising raw material prices_Securities Times

Runhe Materials stock price changes suggest the risk of rising raw material prices_Securities Times

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The change in the stock price of Runhe Materials prompts the risk of rising raw material prices

2021-06-18 19:21

Source: Securities Times

Author: Zhang Yifan

Securities Times

Zhang Yifan

2021-06-18 19:21

Securities Times e Company News, Runhe Materials (300727) disclosed an announcement on abnormal stock trading fluctuations on the evening of June 18, reminding investors to pay attention to the risks of rising raw material prices to the company. Runhe Materials stated that the company is in the lower reaches of the silicone industry chain. Recently, the price of the company’s main raw material, silicone DMC, has continued to rise sharply. As the company’s product cost accounts for a large proportion of the raw material DMC, the production cost has increased significantly, which is expected to be detrimental to the company’s operating results influences.

Disclaimer: The Securities Times strives for truthful and accurate information. The content mentioned in the article is for reference only and does not constitute substantive investment advice. The operation is at your own risk accordingly.

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