March 12th — Recently, the Zhejiang Government Service Network released the filing information for the Zhixin New Materials' annual production of 10,000 tons of high-end silicone materials base project. The project introduces 2 silicone oil production lines, 1 raw rubber production line, 1 silicone resin production line, 2 pressure-sensitive adhesive production lines, 2 release agent production lines, 6 adhesive production lines, 2 silicone gel production lines, as well as supporting public utilities, environmental protection equipment, wastewater treatment systems, and other auxiliary equipment. Upon reaching full production capacity, the project will achieve an annual production capacity of 10,000 tons of high-end silicone materials.
Chempricehub's analysis of industrial silicon, with a long-short rating of 1: The project's addition of 10,000 tons of high-end silicone material production capacity will directly increase the demand for industrial silicon as a raw material, benefiting the spot price increase. Recent industrial silicon futures contracts, such as 2611 (closing price 8,720 yuan/ton, change +65) and 2702 (closing price 9,065 yuan/ton, change +90), both show an upward trend with active trading volume. The expectation of new demand may further drive up futures prices, supporting market bullish sentiment.