With the end of the Spring Festival holiday in 2025, major enterprises across the country have pressed the "acceleration button" to resume work, and major projects have ushered in a "good start". This week, as an important part of the chemical industry, the organic silicon market has gradually awakened under the push of the resumption of work. It is reported that a major project has announced an investment of 2 billion yuan, injecting strong momentum into the industry.
In the first week after the holiday, the resumption of work in individual factories remained at a medium to high level. Although inventory pressure still existed, sufficient pre-sale orders provided a buffer for manufacturers. However, the recovery on the demand side has been somewhat slow, with most companies still in the early stages of resuming work and a weak willingness to stock up, resulting in an overall flat market atmosphere. However, with the comprehensive start of production by upstream and downstream enterprises next week, it is expected that the silicone market will usher in the first round of market trend after the holiday.
On the cost side, the industrial silicon market also faces a pattern of weak supply and demand. After the holiday, silicon plants in the northwest region gradually increased the number of furnaces, but the overall operating level is still relatively low, and downstream demand for polycrystalline silicon also appears sluggish. Against this backdrop, the pressure of total inventory and warehouse receipts continues to intensify, highlighting the pressure of industrial silicon surplus. In terms of price, the closing price of the main contract Si2503 is 10865 yuan/ton, while the price of 421 # metal silicon is hovering around the cost line. In the future, with the call for "anti internal competition" in the overall environment, futures and spot prices may experience some fluctuations.
In terms of the precipitated white carbon black market, the raw material sulfuric acid market is gradually recovering, but the transaction atmosphere has not significantly improved; The soda ash market remained stable due to downstream companies generally not starting production. In terms of demand, most downstream rubber mixing manufacturers have not yet started production, and market trading is weak. In the situation where both supply and demand are weak, the market for precipitated white carbon black is not favorable enough, and the price remains stable.
The market for gas-phase white carbon black is also showing a stable trend. The market price of raw materials in the first tier remains stable, while downstream demand is average. In terms of orders, the silicone rubber market has not fully recovered, and there is a strong wait-and-see attitude. However, there are sufficient pre-sale orders from silicon gas companies, stable core orders from major factories, and relatively small price fluctuations within the price range.
Overall, after accumulating pre holiday orders, upstream and downstream enterprises have sufficient pre-sale orders in the short term, so the current focus of enterprises is mainly on delivering orders. With the deepening of the resumption of work process, the demand side is expected to gradually recover, and the organic silicon market may usher in new development opportunities in a stable manner.