Recently, the Yongxiu County People's Government released the first public participation notice for the environmental impact assessment of projects such as Zhongke Xinghua Polymer (Jiangxi) Co., Ltd.'s Yongxiu silicone wax emulsion and hydrogenated polyethylene wax special chemicals. Project Investment: 500 million yuan. Construction Content: This new project involves the production of 6,000 tons of silicone wax emulsion, 2,600 tons of hydrogenated polyethylene, 700 tons of polyethylene wax micropowder, and 700 tons of high-density and low-density oxidized polyethylene wax annually.
PriceSeek Analysis:
Silicone DMC, Bull-Bear Score: 1
The annual production of 6,000 tons of silicone wax emulsion will increase downstream demand for silicone DMC, benefiting spot prices. Combined with industrial silicon futures data (e.g., the closing price of the 2609 contract at 8,855 yuan/ton, change: -20), the construction of new capacity may boost market expectations and drive futures prices higher, representing a moderate positive.
Polyethylene, Bull-Bear Score: 1
The project involves the production of 2,600 tons of hydrogenated polyethylene and polyethylene wax micropowder, directly increasing polyethylene demand and benefiting spot prices. Combined with polyethylene futures data (e.g., the closing price of the 2609 contract at 6,509 yuan/ton, change: +12), the new application of special chemicals may support an upward trend in futures prices, representing a moderate positive.
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