Silicone
This week, the price of DMC generally represented stability, but the actual transaction price dropped. Even if some silicone monomer producers shut down the devices or reduced the operating rate, the supply of DMC was still sufficient. The price of silicon metal was stable for the time being. The prices of methyl chloride and methanol stabilized. The production cost of DMC was unchanged. In the week, amid the slightly decreasing price of raw materials and the relatively low production cost, the prices of OH polymer, gum, silicone fluid and HCR fell steadily. The reduction amount in output of silicone monomers enlarged to some extent, while the downstream customers did not have much passion for purchase. Accordingly, the silicone price is expected to be relatively low in the short period.
Fumed silica
This week, the domestic market price of fumed silica was a little down. Some enterprises offered decreasing prices while some raised the prices because their overhaul of units resulted in the inventory reduction of fumed silica. In terms of the raw materials, the price of silicon tetrachloride (STC) was overall stable, and that of monomethyltrichlorosilane (MTCS) fell due to the increasing supply in market. The RTV and HCR enterprises and others had weak demand for fumed silica, resulting in the flat market transaction. The enterprises faced pressure of high inventory, making transaction prices decrease. In addition, the downstream enterprises were still in the off-season production. Therefore, the fumed silica market is expected to be weak in the short term.
Silicon metal
The domestic price of silicon metal stabilized this week. On the supply, some manufacturers in Yunnan were basically operating at a full capacity, while some manufacturers in the northwest region started production, resulting in an increasing supply. On the demand, silicone price was stable with a little trading done, the market was stagnant. The spot prices of polysilicon were also stable, and the downstream manufacturers had inventory reduction. Aluminum alloy prices was stable after rise, the downstream players were in wait-and-see sentiment and purchased on rigid demand. For the cost, the slight decrease in raw material prices lowered production cost. The price of silicon metal is expected to fluctuate within ranges in the short term.
Polysilicon
This week, the polysilicon price kept rising, driven by the growing demand of polysilicon in the short term due to the increasing operating rate in the downstream players. Specifically, several polysilicon companies have completed the orders for July, the transaction situation has significantly improved recently. The price increase is reasoned as follows: first, the silicon wafer companies have signed big orders, their inventory of polysilicon has been basically depleted. Second, with the improving operating rate of downstream players and the active terminal markets, the increasing demand drove a rise of polysilicon price.