After experiencing a bear market for nearly ten years, the global silicone industry has completed overcapacity reduction this year, and prices have continued to rise. As of last week, the mainstream transaction price in the organic silicon market was 19,800-20,300 yuan/ton, a sharp increase of 8.1% compared with 18,500 yuan/ton at the beginning of last month. On March 6, the price of organic silicon continued to rise by 1,000 yuan to 21,300 yuan/ton.
Among A shares:
Xingfa Group: has a production capacity of 180,000 tons of silicone monomer.
Sanyou Chemical: Mainly engaged in soda ash and chemical fiber industries, with organic silicon as its subsidiary industry. The company already has a production capacity of 100,000 tons of organic silicon and will build a new 100,000-ton device at the end of 2014. Sanyou Chemical uses 47% of its silicone for its own use and sells 53% to external parties. Data in early August showed that the operating rate of the 100,000-ton unit was low and inventory was tight. <!–
