April 15th — The second-phase project of Jiangxi Huahao New Materials Co., Ltd., with an investment of 450 million yuan, is currently progressing in an orderly manner. It is reported that the project covers an area of 78 acres and has an annual production capacity of 37,000 tons of new silicone materials. The first-phase project is scheduled to be completed and put into operation in December 2025.

Chempricehub Analysis on Industrial Silicon, Bull-Bear Score: 1.5
The second-phase project of Jiangxi Huahao New Materials, with an annual output of 37,000 tons of new silicone materials, is expected to significantly increase the demand for industrial silicon as raw material after its commissioning in 2026, which will benefit the spot price of industrial silicon. Combined with recent data on industrial silicon futures (e.g., the settlement price of the 2609 contract at 8,505 yuan/ton, an increase of +35 yuan, and an increase in open interest by 4,721 lots), the improvement in market supply and demand may support further upward movement in futures prices, reflecting expectations of demand growth.