On May 11th, the public auxiliary 110kV substation of Tianjin Branch's Gansu Juliu Silicon Fluorine Project (Lot 6) successfully completed its first power transmission, making it the first participating unit in the entire Juliu plant to achieve a one-time successful power transmission for the 110kV system. The project will newly construct facilities with an annual production capacity of 360,000 tons of industrial silicon, 100,000 tons of polysilicon, 125,000 tons of fluorinated polymers, 150,000 tons of AHF, 300,000 tons of sulfuric acid, 240,000 tons of calcium carbide, and 900,000 tons of ion-exchange membrane caustic soda.

Chempricehub evaluates fluorspar with a long-short score of 0.5. This project will add new production capacity of 150,000 tons of AHF and 125,000 tons of fluorinated polymers. As fluorspar is the core raw material in the fluorochemical industry chain, future market demand is expected to increase, providing slight bullish support for fluorspar prices.

Fluorspar ore, long-short score: 0.5. Fluorspar ore is the upstream raw material for producing fluorspar. The anticipated commissioning of the project's fluorochemical production capacity is expected to drive demand for fluorspar ore, and the positive demand outlook provides slight bullish support for fluorspar ore prices.

Industrial silicon, long-short score: -1. The project will add 360,000 tons of industrial silicon production capacity. The successful power transmission indicates that the project is nearing commissioning, which will increase the future supply of industrial silicon in the market. As of May 8, the main contract for industrial silicon (2609) closed at 9,020 yuan/ton, down 25 yuan/ton from the previous trading day. The weak futures price trend, combined with the expected supply increase, exerts a generally bearish influence on industrial silicon prices.

Polysilicon, long-short score: -1. The project adds 100,000 tons of polysilicon production capacity. Under the expectation of commissioning, the supply of polysilicon in the market will increase. Currently, polysilicon futures prices are generally weak, with most contracts closing lower. The expected supply increase exerts a generally bearish influence on polysilicon prices.

Caustic soda, long-short score: -1. The project will newly build 900,000 tons of ion-exchange membrane caustic soda production capacity. The commissioning expectation will increase regional caustic soda market supply. As of May 8, the main contract for caustic soda (2607) closed at 2,089 yuan/ton, down 11 yuan/ton from the previous trading day. The expected supply increase exerts a generally bearish influence on caustic soda prices.