Silicone

This week, the price of DMC went on falling. With the silicone monomer plants restarted, the DMC output increased. The main silicone monomer producers sold DMC at low prices, followed with the other silicone monomer ones. The price of silicon metal stabilized. The price of methyl chloride rose, and that of methanol was in stability. The production cost of DMC was unchanged. In the week, amid the decreasing price of raw materials and the relatively low production cost, the prices of OH polymer and gum both dropped while those of silicone fluid and HCR were generally stable. With the increasing supply of silicone and on-going sluggish demand in the downstream sectors, the silicone price is projected to stay relatively low in the short period.  

Fumed silica

This week, the domestic fumed silica market retained sluggishness. For local enterprises, only individual enterprises offered decreasing prices, while all foreign ones gave the falling prices. In terms of the raw materials, the prices of monomethyltrichlorosilane (MTCS) and silicon tetrachloride (STC) consolidated. The downstream customers purchased fumed silica on rigid demand, showed the flat market trading. Given the abundant supply of fumed silica, some enterprises had high inventories. The fumed silica market is expected to turn a bit down in the short term. 

Silicon metal 

The domestic price of silicon metal remained stable this week. Since early July, the majority of silicon metal factories in Sichuan and Yunnan Provinces have been restarted, but most of them didn't reach full production. Small- and medium-sized silicon factories in the northwest China further reduced production, but overall supply was still high. Under the high cost, some silicon factories in southwest China raised prices. The terminal customers still had sluggish demand. The polysilicon price dropped and individual polysilicon firms overhauled devices. Silicone factories resumed production in discretion. The aluminium alloy market was flat. The current high inventory of metal silicon caused downward pressure on silicon price in the short term.

Polysilicon 

This week, the polysilicon price turned stable after fall, and the price of N-type polysilicon rebounded, which are attributed to as follows: first, production weight was adjusted in each enterprise in Q2, making the price correspondingly fluctuate. Second, some companies even signed orders for the end of July. The current inventory of polysilicon came close to the normal and it was shifting to the downstream markets. Furthermore, N-type batteries production capacity started to release in Q3, which was driving the N-type polysilicon demand, resulting in some shortage of high-quality polysilicon and the further widening price gap between N-type polysilicon and recyclable polysilicon. The balance between supply and demand of polysilicon will improve in the long run. It is expected that the price of polysilicon will remain stable in the future.