Market trend: 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 increased competitive pressure due to high operating rates, resulting in a strong overall 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.
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 face significant production pressure before the holiday. On the demand side, downstream enterprises stock up on demand, and the overall market remains stable.
In terms of policies, organic silicon materials have become a highly anticipated field. The latest policy catalog encourages foreign investment in the development and production of new downstream products of organosilicon, covering the development and production of high-end products such as high-performance silicone oil, silicone rubber, and resin. Clear support policies have been implemented in Inner Mongolia, Jiangxi, Ningxia, and Xinjiang, injecting new vitality into the development of organic silicon materials.
In this context, Zhonghua Luxi Engineering Co., Ltd. was officially established in Liaocheng, marking a solid step forward for Zhonghua Luxi in the field of organic silicon materials. The Secretary of the Party Committee and Chairman of the Company, Wang Ligang, stated that Sinochem Luxi will shoulder the responsibility of promoting the upgrading, innovation driven, and green transformation of the chemical industry, actively practicing the "spirit" of Sinochem in the new era, inheriting and carrying forward the fine tradition of hard work and struggle of Luxi Group, and setting new benchmarks and models for industry development.
The Liaocheng Municipal Party Committee and Government warmly congratulate the establishment of Sinochem Luxi Engineering Co., Ltd. and promise to fully support the company's development and contribute to the construction of a modern industrial system in the province.