Recently, the Environmental Protection Bureau of Liaocheng City issued an acceptance announcement for three projects of Luxi Chemical Group Co., Ltd.: the deep processing project of organic silicon linear body, the pilot project for rhodium catalyst recovery, and the integrated project for catalyst relocation and energy-saving renovation (Phase I) - precious metal catalyst. PriceSeek analyzed industrial silicon, with a long-short score of 1. The acceptance of Luxi Chemical's deep processing project for organic silicon linear body indicates an increase in downstream demand, providing favorable support for the spot price of industrial silicon. The advancement of the project will boost the demand for organic silicon production and drive the consumption of raw material industrial silicon. Recent contracts for industrial silicon futures (such as the 2605 closing price of 8,715 yuan/ton) show price fluctuations. This news may alleviate the downward trend, exerting a positive impact on futures prices and stimulating market confidence.
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