Go against the trend and rise! On November 17th, the day before the joint meeting of individual factories, the organic silicon sector rose again. Among them, Chengguang New Materials rose by more than 10%, Dongyue Silicon Materials rose by more than 9%, and Hesheng Silicon Industry, Silicon Treasure Technology, Sanyou Chemical and others rose by more than 2%. At present, the price of organic silicon products is at a historically low level and is expected to reach a turning point through coordinated production cuts. In the future, with the gradual implementation of production cuts, product prices and industry average profits are expected to turn positive.
Today, a conference that may reverse the entire industry chain will be held in Shanghai! At present, the silicone industry is facing the dilemma of overcapacity and price inversion. In order to reverse the situation, the industry is forming a strategic shift with "anti internal competition" as the core. The 30% reduction in production measures promoted at today's actual control meeting, as well as the consensus reached by individual factories on "limiting production and ensuring price", mark the shift of industry governance logic from pursuing scale expansion to value return. The industry is building a new competitive order: shifting from vicious competition relying on low price dumping in the past to benign competition centered on technology, brand, and service. This upstream transformation is providing institutional guarantees to break the vicious cycle of "expansion price reduction loss".
The following video is an important response from Liu Hanyuan, Chairman of the Board of Directors of Tongwei Group, on why the photovoltaic industry needs to "reverse internal competition", which may give some thought to the organic silicon industry.
Today, a conference that may reverse the entire industry chain will be held in Shanghai! At present, the silicone industry is facing the dilemma of overcapacity and price inversion. In order to reverse the situation, the industry is forming a strategic shift with "anti internal competition" as the core. The 30% reduction in production measures promoted at today's actual control meeting, as well as the consensus reached by individual factories on "limiting production and ensuring price", mark the shift of industry governance logic from pursuing scale expansion to value return. The industry is building a new competitive order: shifting from vicious competition relying on low price dumping in the past to benign competition centered on technology, brand, and service. This upstream transformation is providing institutional guarantees to break the vicious cycle of "expansion price reduction loss".
The following video is an important response from Liu Hanyuan, Chairman of the Board of Directors of Tongwei Group, on why the photovoltaic industry needs to "reverse internal competition", which may give some thought to the organic silicon industry.