The new round of DMC price adjustment window has opened yesterday, with wind vane enterprises in Shandong region reporting prices falling to 11000 yuan/ton, and the actual transaction price of core large investors falling within the range of 10800-10900 yuan/ton. Affected by this, multiple individual enterprises have followed suit, with a profit margin generally ranging from 100-200 yuan/ton.
The current market is under significant pressure. With the completion of some small and medium-sized equipment maintenance in the early stage and the gradual resumption of production, the supply side shows a marginal easing trend, coupled with the approaching off-season of traditional demand, the industry's fundamental expectations are weak, further exacerbating the bearish sentiment in the market. Against the backdrop of shrinking pre-sale orders and gradual accumulation of factory inventory, the willingness of enterprises to ship has increased, and the phenomenon of competitive bidding sales has increased, leading to an overall downward shift in transaction prices. Downstream purchases are mainly focused on moderate bargain hunting.
It is worth noting that the national level has recently elevated "industrial chain and supply chain security" to a strategic level, indicating a profound shift in the development logic of the silicone industry. The extensive growth model that relied on capacity expansion in the past is no longer sustainable, and will be replaced by a deep supply side reform around the three major goals of "safety, stability, and efficiency". Future policy resources are expected to further tilt towards top enterprises with technological strength and scale advantages, promoting continuous optimization of industry structure.
In this context, three types of trends are accelerating:
1、 Small and medium-sized enterprises that fail to meet environmental standards, have high energy consumption levels, and weak technological capabilities due to the acceleration of industrial concentration will have their living space sharply compressed, while leading enterprises are expected to further consolidate their market position by integrating production capacity and improving the synergy efficiency of the industrial chain.
2、 The high-end development has become the core track, and achieving independent and controllable control in the "bottleneck" field has become an urgent national strategic need. The localization process of high-end silicone materials, such as electronic packaging adhesives, high-performance silicone oils, special silicone resins, etc., will significantly accelerate, which will also be the main source of high profits and high growth in the industry in the future.
3、 Under the "dual carbon" goal, energy conservation, consumption reduction, and clean production will become the hard threshold for sustainable development of enterprises driven by both green and digital technologies. At the same time, optimizing production scheduling and supply chain coordination through industrial Internet and big data to improve production efficiency and resource allocation capability will also become a key path for leading enterprises to build competitive advantages.
It can be foreseen that under the dual effects of policy guidance and market clearing, China's silicone industry is entering a critical stage of structural reshaping, and a new industrial pattern that is more intensive, safer, and internationally competitive is taking shape.
Suddenly, a major silicone oil company declared bankruptcy with a debt of 2.4 billion yuan! Recently, the bankruptcy case of Fuzhou XiangXX Textile Co., Ltd., which has a debt of up to 2.45 billion yuan but cannot be repaid, has been concluded. This case originated in February of this year, when a creditor, a bank's Fuzhou branch, filed a bankruptcy application with the court. After several months of trial, the court officially declared its bankruptcy on August 18, 2025.
According to the court announcement, the market value of the main assets under the name of XiangXX Textile Company is only about 420 million yuan, which is far from enough to cover the huge debts. Therefore, it has been determined that it cannot repay the due debts and has entered bankruptcy proceedings in accordance with the law. At present, the legal representative of the company has been subject to measures to restrict high consumption and has been included in the list of dishonest persons subject to enforcement.
According to data, Fuzhou XiangXX Textile Co., Ltd. was established in 2002 with a registered capital of 200 million yuan. It has long focused on the production and sales of natural cotton yarn, with a product system covering various conventional and characteristic yarns such as pure cotton yarn, pure viscose yarn, pure polyester yarn, cotton polyester blended yarn, polyester viscose blended yarn, as well as compact spinning, bamboo yarn, siro spinning, and functional fiber yarn. The company has maintained long-term cooperative relationships with multiple large-scale production enterprises of silicone oil printing and dyeing auxiliaries.