February 12th - Recently, Fujian Shengyuan New Materials Co., Ltd. successfully completed the factory acceptance inspection for its Zhangping City silicone rubber and silicone oil production project, marking the official entry into the preparatory stage for production. Upon completion, the project will be equipped with four silicone rubber production lines and three silicone oil production lines, with an annual production capacity of 6,000 tons of silicone rubber and 5,000 tons of silicone oil. Chempricehub Analysis: Silicone Rubber, Bull-Bear Score: -1.5 Fujian Shengyuan New Materials Co., Ltd.'s silicone rubber project has an annual production capacity of 6,000 tons and is about to commence operations, increasing market supply. This is expected to exert downward pressure on the spot price of silicone rubber. The expansion in supply may lead to a looser supply-demand balance, limiting the upside potential for prices. The score indicates a moderately strong bearish outlook. Silicone Oil, Bull-Bear Score: -1.5 The project's silicone oil production capacity is 5,000 tons per year, and it is now in the preparatory stage for production. The increase in supply will intensify market competition, putting pressure on the spot price of silicone oil. The additional capacity may reduce spot premiums and impact short-term price trends. The score indicates a moderately strong bearish outlook.