With the end of the Spring Festival holiday, a nationwide wave of resumption of work has arrived as scheduled. In this context, the organic silicon market has also ushered in new development opportunities. This week, a major project announced an investment of 2 billion yuan, injecting new vitality into the industry.
In the first week after the holiday, the resumption of work in individual factories was good, and most manufacturers have resumed production. However, under the dual influence of inventory pressure and slow recovery on the demand side, the overall market atmosphere is relatively flat. However, with the comprehensive start of production by upstream and downstream enterprises next week, it is expected that the silicone market will gradually emerge from the slump and usher in the first round of market trend after the holiday.
On the cost side, the industrial silicon market also faces challenges. After the holiday, the number of silicon plants in the northwest region has increased, but the overall operating level is still relatively low, and downstream demand for polycrystalline silicon also appears sluggish. Against this backdrop, the pressure of industrial silicon surplus continues to intensify, and prices are hovering around the cost line. In the future, with changes in the market environment, spot prices may be adjusted.
In terms of the precipitated white carbon black market, the raw material sulfuric acid and soda ash markets have remained stable. However, with most downstream rubber mixing manufacturers not yet operating, market trading is weak and there is insufficient positive news for the precipitated white carbon black market. In the future, with the gradual resumption of work by downstream enterprises, market demand is expected to gradually recover.
The market for gas-phase white carbon black is also showing a stable trend. The price of raw materials in the first tier market is 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, providing certain support for the market.
Overall, the current silicone market is still in the early stages of recovery, and the demand side has not fully recovered. However, with the deepening of the resumption of work process and the gradual resumption of work by downstream enterprises, market demand is expected to gradually recover. In the future, the organic silicon market may usher in new development opportunities in a stable manner.