Recent market trends have shown that the domestic DMC market prices have experienced a certain degree of decline, with the current average price stabilizing at around 12800 yuan/ton, a decrease of nearly 100 yuan/ton compared to the previous working day. Individual factories are facing increasing competitive pressure due to sustained high operating rates, which has prompted them to increase their willingness to take orders. However, downstream companies have shown relative caution in stocking up before the holiday, and the market generally adopts a wait-and-see attitude, with a significant bearish sentiment.
In terms of the raw material market, the downward trend of metal silicon prices has had a significant 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 adopt a strategy of stocking up on demand, and the overall market remains stable.
At the policy level, the field of organic silicon materials has become a focus of attention. The latest policy catalog clearly proposes to encourage foreign investment in the development and production of new downstream products of organosilicon, covering the development and production of a series of high-end products such as high-performance silicone oil, silicone rubber, resin, etc. Inner Mongolia, Jiangxi, Ningxia, Xinjiang and other regions have also introduced corresponding support policies, providing solid policy guarantees for the future development of the organic silicon material industry.
In this context, Zhonghua Luxi Engineering Co., Ltd. was grandly established in Liaocheng, marking a crucial step forward in the innovation of the organic silicon material industry by Zhonghua Luxi. Wang Ligang, Secretary of the Party Committee and Chairman of the Company, delivered a speech at the establishment ceremony, stating that Sinochem Luxi will shoulder the responsibility of promoting the upgrading, innovation driven, and green transformation of the chemical industry, actively practice the corporate spirit of Sinochem in the new era, inherit and carry forward the excellent tradition of hard work and struggle of Luxi Group, and strive to set a new benchmark for the development of the industry.
The Liaocheng Municipal Party Committee and Government warmly congratulated the establishment of Sinochem Luxi Engineering Co., Ltd. and promised to fully support the company's development. Liaocheng City will continue to optimize the business environment, providing the highest quality services and the most solid guarantees for the development of Sinochem Luxi and Luxi Group. At the same time, Liaocheng City will actively promote the expansion of chemical industry parks, continuously strengthen the green chemical industry chain, and contribute more to the development of the chemical industry in the province and even the whole country.