华泰证券：有机硅盈利或呈现逐步改善趋势

Core Viewpoint - The global economic recovery, combined with the low prices of silicone, is expected to enhance the penetration rate of polyurethane and modified plastics in traditional application scenarios, leading to steady growth in downstream demand for silicone [1] Group 1 - The exit of high-energy-consuming capacities from companies such as Tenneco, Dow, and Wacker is anticipated to alleviate price competition within the industry [1] - The profitability of the silicone industry is likely to show a gradual improvement trend as a result of these changes [1]