Keywords: A-share silicone sector, upward fluctuation, price hike expectations, leading stocks, policy support, market sentiment
Core Sentence: The A-share silicone sector fluctuates upward on March 31, driven by strong price hike expectations of silicone raw materials and the positive impact of industrial self-discipline policies, with leading stocks leading the gains.
On March 31, the A-share silicone sector showed an upward fluctuation trend along with the broader market, with individual stocks showing a general upward trend and obvious leading effect. As of the close of trading, the main silicone-related listed companies performed as follows: Hesheng Silicon Industry (603260) closed at 42.58 RMB, up 1.74%, with a turnover of 420 million RMB; Dongyue Silicon Materials (300821) closed at 11.85 RMB, up 2.86%, with a turnover of 230 million RMB; Jianghan New Materials (603281) closed at 33.85 RMB, up 2.64%; Silicone Treasure Technology (300019) closed at 19.38 RMB, up 1.73%. The overall sector index rose by 1.52%, outperforming the broader market.
Industry analysts believe that the upward trend of the sector is mainly driven by three factors: first, the continuous rise of upstream raw materials such as methanol and the tight supply of silicone monomers have strengthened the market’s expectation of DMC price hikes in April, which has brought positive support to related enterprises; second, the domestic silicone industry has carried out "anti-involution" self-discipline since 2025, with leading enterprises reaching a production reduction agreement, which has effectively improved the supply-demand relationship and boosted market confidence; third, the cancellation of export tax rebates has forced enterprises to accelerate the transformation to high-value-added products, and the long-term development prospect of the industry has been recognized by the market. In addition, the price hike of international giants such as Wacker has also brought positive spillover effects to domestic leading enterprises.
For the short-term trend of the sector, analysts point out that it will still be closely linked to the price movement of silicone raw materials (such as DMC) and the recovery progress of downstream terminal demand. If DMC prices can rise as expected in April and downstream demand picks up, the sector is expected to maintain an upward trend; otherwise, it may enter a consolidation period. It is recommended to focus on leading enterprises with cost advantages and high-value-added product layout.
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