The price of organosilicon products continued to rise. As of the end of last week, DMC quoted 39500 yuan / ton, an increase of 13% during the week, an increase of 4500 yuan, and metal silicon 421 quoted 23750 yuan / ton, an increase of 950 yuan.
Polysilicon is expected to continue to be put into production, and the prosperity of photovoltaic grade silicone products is expected to continue to rise. It is learned from several silicone manufacturers that at present, most silicone manufacturers have abundant orders on hand. In order to cope with the rising market demand, the production line of silicone enterprises maintains a high operating rate. Insiders said that the continuous recovery of downstream demand is the main reason for the recovery of silicone prices, and the overall profitability of the industry is expected to rebound significantly in the first quarter of this year.
According to the theme database of financial Associated Press, among the relevant listed companies:
Shandong Dongyue Organosilicon Materials Co.Ltd(300821) is one of the largest enterprises in China’s silicone industry, ranking among the top ten in the world and the fourth in China. It has an annual production capacity of 300000 tons of silicone monomer (equivalent to about 141000 tons of polysiloxane).
Luxi Chemical Group Co.Ltd(000830) silicone design capacity of 50000 tons, and the 1 million ton silicone project is a reserve project.