Supply and demand relationship continues to improve, and the silicone industry's prosperity is recovering.
On October 9, the A-share silicone concept sector continued to strengthen, with Dongyue Silicon Material, Chenguang New Material, and Xinyaqiang hitting the daily limit up, while Silicon Bao Technology, Hoshine Silicon Industry, and other stocks followed the gains. Industry insiders analyzed that improved supply-demand dynamics in the industry, rebounding product prices, and expectations of earnings recovery among listed companies jointly drove the silicone sector higher. In addition to cyclical supply-demand improvements, expanding applications in fields such as new energy, electronics and electricals, and semiconductors are also bringing new growth space to the silicone industry chain.
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