Silicone

This week, the price of DMC stabilized, but the actual transaction price was lower. Some silicone monomer producers offered lower price to a narrow extent. The downstream customers made moderate purchases at low prices. The price of silicon metal decreased before rising. The price of methyl chloride remained stable and that of methanol rebounded. The production cost of DMC increased a bit. With the slightly falling price of raw materials, the prices of OH polymer and gum steadily fell, and those of silicone fluid and HCR were stable throughout China. Recently, some silicone monomer plants will be restarted while the downstream markets still saw the sluggish demand for silicone. The silicone price is expected to be relatively low in the short term.

Fumed silica

This week, the domestic fumed silica market remained stable. Some enterprises offered steady prices. In terms of the raw materials, the price of monomethyltrichlorosilane (MTCS) grew overall due to a decrement in supply of the market. The price of silicon tetrachloride (STC) went stable. The production cost of fumed silica fluctuated to a very slight extent. In the week, the demand for fumed silica in the downstream markets was still sluggish, with the flat transaction amount. Although the prices of MTCS and STC are inclined to rise, the supply of fumed silica is abundant. The fumed silica market is expected to still consolidate in the short term.

Silicon metal 

This week, the domestic price of silicon metal rebounded a little. Some leading enterprise shut down the furnaces one after another for maintenance, resulting in the output reduction by about 1,000t per day. At the beginning of the week, industrial silicon futures showed strong performance, driving the silicon price increase in its spot market. The transaction price was slightly rising. The overhaul of major producers weakened the expectation of oversupply, but the rebounding price of silicon metal might push the producers in southwest China to resume production as soon as possible. Amid the relatively high inventory and sluggish demand for silicon metal, the price of silicon metal is expected to grow properly.

Polysilicon 

This week, the decline in the polysilicon price narrowed. The maintenances in the plants were still ongoing. The overall trading volume increased to some extent, particularly, some companies had orders signed for this July. For supply, the delayed startup schedule by multiple projects eased expectation of short-term oversupply. On the demand, as the silicon chips price slightly rose in the week, the reduction in production by enterprises was less than expected. Downstream customers significantly improved their purchasing enthusiasm. The above factors made the decline in polysilicon price narrow in the week.