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Silicon Market Analysis (Feb. 27, 2023-Mar. 5, 2023)

Silicon Market Analysis (Feb. 27, 2023-Mar. 5, 2023)

Editor:ACMI-Silicon Jul-26-2023

Silicone 

The price of DMC (dimethylcyclosiloxane) fell in this week after rising in the previous week. The downstream terminal players, who kept waiting to see the price trend, did not have much demand for it. The silicone monomer producers competed in pricing to sell the products, causing DMC price to fall, and some of them, managing to increase the price, got little transaction. The silicon metal price stabilized. The methanol price decreased. DMC cost fluctuated a bit. As the raw materials price decreased, reducing the production cost, the prices of OH polymer, gum and silicone fluid decreased, too, but that of HCR was stable. With the DMC market in more supply than demand, it is expected that silicone price will be stable but a bit down.

 

Fumed silica

This week, the domestic fumed silica market generally remained stable. Some enterprises offered lower prices as the fumed silica market was in a sufficient supply. In terms of raw materials, STC, as a byproduct of TCS, its output became increasing a bit, STC price decreased accordingly, while MTCS price rose to some slight extent. Downstream players purchased fumed silica on their demand basis, some of which even had enough stock of it. It is expected that the fumed silica market remained relatively weakened in the short term. 


Silicon metal



This week, the domestic price of silicon metal fell slightly. The supply of silicon metal maintained stable. The silicon metal producers in southwest China had low operating rate due to the high cost. The downstream markets - silicone and aluminium alloy sectors were weak, and the players bought silicon metal on rigid demand. The dealers could not obtain much of profit margin and they filled goods based on the market demand. Some operating silicon metal producers had to make the price go down. In the short term, the silicon metal price may stabilize as its supply seems sufficient, and the demand will be dependable as well.

 

Polysilicon 



The polysilicon price decreased slightly this week. The demand for polysilicon in silicon wafer enterprises actually increased. The market demand stayed active as the order for this March that was expected to be signed next week has been advanced to this week. However, market participants had a misjudgment on the stock of polysilicon and they expected much decline of the future price. Moreover, polysilicon firms signed more orders this week with a price difference.