Silicone 

This week, the price of DMC was stable except for rising in some areas. The downstream terminal customers have resumed production successively, and the market inquiries have gradually increased. Although silicone producers in Shandong province increased the price of DMC by RMB 200 per ton, most of the silicone monomer manufacturers in other areas anchored prices. The price of silicon metal continued to fall, while that of methanol and methyl chloride rose, and the cost of DMC remained stable. The prices of raw materials rebounded slightly in the week, raising the production cost. The price of OH polymer and gum rose, the price of HCR fell slightly, while that of silicone fluid remained stable. With the continuous recovery of downstream demand, it is expected that the price of silicone will be stable and see slight rise in the short term.

Fumed silica

This week, the domestic fumed silica market was unchanged. In terms of raw materials, the price of STC was stable, while that of MTCS grew slightly. After the Spring Festival holiday (January 27), although the downstream production has not been fully recovered,  the low-price transaction has decreased currently because more fumed silica enterprises stopped production for maintenance this January and the market is expected to turn better in the future. The cost was stable. It is expected that the fumed silica market will be stable in the short term.

Silicon metal

The price of industrial silicon went down in China this week. For the demand, the domestic silicone manufacturers had few new orders, the price of  DMC was still low, silicone monomer producers had the ordinary demand for industrial silicon. Aluminum alloy enterprises maintained the low operating rate and had the weak demand for industrial silicon. Polysilicon enterprises will restart procurement in the middle of February. For the supply, the industrial silicon market was general, with fewer transactions and the large inventory. Some silicon producers and traders lowered the price of industrial silicon a little to reduce inventory and quickly obtain funds. As a result, the overall price of industrial silicon was down.

Polysilicon

This week, the domestic polysilicon price continued to rise. The prices of various categories of polysilicon increased by about 31% compared to two weeks ago. The main reasons are as follows: First, the significant growth of polysilicon price is calculated in the two weeks due to the Spring Festival Holiday from January 21 to January 27. Second, the price of silicon wafers has risen before the holiday, ahead of that of polysilicon. At the same time, silicon wafers enterprises increased the operating rate significantly, and the demand increment for polysilicon was larger. Third, the substantial increase in polysilicon procurement in the week drove the price of polysilicon to rise.