Silicone 

This week, the price of DMC continued to rise. The downstream terminal customers have resumed production successively, and the market inquiries have gradually increased. The domestic silicone monomer producers raised offering. The price of silicon metal fell slightly, while that of methanol and methyl chloride was unchanged, and the cost of DMC remained stable. The prices of raw materials rose in the week, raising the production cost. The price of OH polymer, gum and silicone fluid rose, while that of HCR was stable. With the strong willingness of silicone monomer manufacturers to raise price and the improvement of downstream demand, it is expected that the price of silicone will be stable and see a 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 became stable. With the resumption of production in the downstream sectors, the market is expected to continue to improve. However, the wait-and-see mood still existed. The domestic supply of fumed silica was insufficient and the cost was stable, but the supply of MTCS was tight. It is expected that the fumed silica market will be stable in the short term.

Silicon metal 

The decline in the price of industrial silicon narrowed in China this week. For the supply, due to the high electricity price and low silicon metal price, nearly 70% furnaces shut down in Sichuan province and silicon metal producers had the 50% operating rate in Yunnan province. Silicon metal producers there wanted strongly to raise prices. For the demand, downstream players have resumed production, the first quarter is the traditional market boom season, and the market confidence is gradually increasing. Meanwhile, polysilicon producers released new capacity and silicone monomer manufacturers increased operating rate as well as aluminum alloy plants replenished inventory of silicon metal. Traders are optimistic about the future market.

Polysilicon 

This week, the domestic price of polysilicon grew 11% in a week. The reason why the price of polysilicon rose significantly is that the low operating rate of silicon wafer producers and the supply shortage of silicon wafer led to the growing price of silicon wafers and the silicon wafer enterprises can bear the growing price of polysilicon. On the other hand, silicon wafer enterprises have relatively high profits and they will increase the operating rate afterwards. The actual turnover of polysilicon has increased significantly in the week.