According to the latest news, major companies including Hesheng, Luxi, Xingfa, Xin'an, Dongyue, and Xingxing have announced that they will reduce emissions by at least 30% in February and March 2026. On the eve of the Spring Festival, the fundamental fluctuations of the silicone market were limited, and the overall trend was consolidating. Mainstream manufacturers continued to adopt a pricing strategy. The current situation of price stalemate in various product categories in the market continues, with relatively sufficient spot supply and downstream purchases following up on demand, with no significant changes in the overall market.
As of February 12th, the mainstream quotation range for organic silicon products is as follows: DMC: 13800-14000 yuan/ton; Silicone oil: 15500-16100 yuan/ton; 107 glue: 14500-14900 yuan/ton; Raw rubber: 14800-15000 yuan/ton.
Entering Thursday, the overall silicone market entered a 'quiet period'. On the market, although factory quotations remain firm, actual new orders are limited and market activity has significantly decreased. Some traders have reported that the recent inquiry atmosphere has been weak, downstream stocking willingness is not high, and the characteristic of "price but no market" has become apparent.
On the supply side, multiple mainstream individual factories have maintained low operating loads, and some devices are in a reduced load or maintenance state. The overall inventory pressure of manufacturers is controllable. Supported by this, production enterprises have a strong mentality of raising prices, and some manufacturers are still executing preliminary orders, maintaining relatively high prices and unwilling to compromise on goods.
From the perspective of market sentiment, there are differences in the industry regarding the post holiday trend. Some intermediaries have stated that the current price is already at a high level and there is insufficient willingness to continue chasing higher prices, so they are mainly adopting a wait-and-see approach; There are also a small number of downstream companies making exploratory inquiries on the market, but the actual transactions are relatively low, mostly as a preliminary preparation for replenishing inventory after the holiday. Overall, the market game mentality still dominates, and the stalemate between buyers and sellers remains unresolved.
Based on feedback from all parties, there is currently no clear directional signal in the silicone market, and it is expected that the consolidation pattern will continue in the last few trading days before the holiday, with limited substantial fluctuations.
On February 10, 2026, in Oslo, Elkem ASA decided to temporarily reduce production at its factories in Lana and Sarten, Norway, due to severe market conditions, high inventory levels, and high electricity prices. This production reduction may result in temporary unemployment of employees. Inge A. Gruben Sternes, Senior Vice President of Silicon Products at Elkem, stated, "This production adjustment will enable Elkem to optimize value creation while providing flexibility for the tight electricity market for households and businesses in northern Norway." Starting from February 13th, all three furnaces in the Salten plant and two furnaces in the Lana plant will be shut down. The core product of Lana Factory is ferrosilicon, which is a key raw material for the steel industry; The Salten factory mainly produces industrial silicon, which is widely used in various fields from ceramics to batteries, aluminum alloys, and more.