Market situation: Recently, the domestic DMC market prices have fallen, with an average price of about 12800 yuan/ton, a decrease of nearly 100 yuan/ton from the previous day. Individual factories face significant competitive pressure due to high operating rates, and overall have a strong willingness to accept orders. However, downstream enterprises have low enthusiasm for stocking up before the holiday, and the market has a strong wait-and-see attitude, with bearish expectations continuing to exist.
On the raw material side, the fluctuation of silicon metal prices has had a certain impact on the organic silicon material market. On the supply side, domestic individual factories are facing significant production pressure before the holiday. On the demand side, downstream enterprises have stocked up appropriately, and the overall market remains stable.
In the latest policy catalog, organic silicon materials have become a highly concerned field. This catalog explicitly encourages foreign investment in the development and production of new downstream products of organosilicon, and also covers the development and production of high-performance silicone oil, silicone rubber, resin and other products. These fields have clear support policies in Inner Mongolia, Jiangxi, Ningxia, and Xinjiang, providing strong guarantees for the development of organic silicon materials.
Recently, Zhonghua Luxi Engineering Co., Ltd. was officially established in Liaocheng. Wang Ligang, member of the Party Group and Deputy General Manager of China National Chemical Corporation (ChemChina) Holdings Limited, stated at the ceremony that as a leading player in the chemical industry sector under ChemChina, the establishment of ChemChina Luxi Engineering Co., Ltd. by Luxi Group will shoulder the mission and responsibility of promoting the upgrading, innovation driven, and green transformation of the chemical industry. Li Changping, Secretary of the Liaocheng Municipal Party Committee, Zhang Baishun, Mayor, and other leaders also attended the ceremony and expressed warm congratulations on the establishment of Sinochem Luxi Engineering Co., Ltd.
This establishment ceremony marks a new step towards diversification, intensification, and high-end development of Liaocheng's chemical industry. Liaocheng City will continue to fully support the development of Luxi Group and Sinochem Luxi Engineering Co., Ltd., actively promote the expansion of the chemical industry park, continuously strengthen the green chemical industry chain, and contribute more to the construction of the province's modern industrial system.