Silicone

This week, the price of DMC stabilized. The main silicone monomer producers  offered the stable prices supported by the pre-sale orders. The price of silicon metal decreased again after its rise. The price of methyl chloride dropped sharply and that of methanol rose slightly. The production cost of DMC reduced a bit. Amid the stable price of raw materials , the prices of OH polymer, gum, silicone fluid and HCR were generally stable and fell in some areas. Some silicone monomer producers restarted devices in the week and the downstream markets still showed the sluggish demand for silicone. The silicone price is expected to stay relatively low in the short term.

Fumed silica

This week, the domestic fumed silica market stayed stable. Some enterprises offered slightly increasing prices. In terms of the raw materials, the price of monomethyltrichlorosilane (MTCS) rose overall due to the increasing price of industrial silicon and the shutdown or lower operating rate of some silicone monomer plants, while that of silicon tetrachloride (STC) was stable. In the week, the demand for fumed silica in the downstream markets was still sluggish. The enterprises for RTV silicone rubber and HCR purchased fumed silica on rigid demand, representing the flat market trading. Since the supply of fumed silica is abundant, and its downstream enterprises enter the off-season production, it’s expected that the fumed silica market will see consolidating in the short term.

Silicon metal

This week, the domestic price of silicon metal declined a little. The price cut in the major silicon metal producers impacted on the spot market. With the rainy season approaching, the silicon producers in the southwest China had intentions of resuming production, some of which had restarted their plants. There was no obvious rebound sign in the silicon price. The downstream market still held sluggish demand for silicon metal. The price of silicon metal is expected to remain low in the short period.

Polysilicon 

This week, the polysilicon price remained falling, but the decline was noticeably narrow overall. The top price of all kinds of polysilicon increased compared with the previous week, resulting in a wider gap between the top and bottom prices. Except for N-type polysilicon, the bottom prices of all the others were down a bit, and the average price of polysilicon fell slightly overall. The downstream players showed a growing enthusiasm for purchase. Production of silicon chips are scheduled to increase greatly this July. The inventory of polysilicon decreased to below 100 kt in China. It is difficult for the polysilicon price to experience a significant decline in the short term. It is expected that the polysilicon price will be basically stable in the coming period.