Several chemical companies significantly raise silicone product prices, which may pass on to downstream industries; "Caviar Cream" has officially announced a price increase.

```htmlGolden Ten Data reported on March 24 that recently, due to the situation in the Middle East, multiple chemical companies have raised prices for silicone product series. On March 24, Germany's Wacker Chemie suddenly announced that it will increase silicone product prices starting April 1. In a statement, Wacker Chemie said the price increase is due to military conflicts in the Middle East severely disrupting global supply chains, resulting in significant increases in energy, raw material, and logistics costs. Recently, affected by the rising prices of upstream raw materials, some cosmetics companies have already announced price hikes. German cosmetics giant Beiersdorf's premium skincare brand La Prairie stated it will adjust the prices of some products in the Chinese market in April this year, with an increase ranging from 3% to 5%.```