Silicone

This week, the price of DMC was considerably raised as the existing unfinished contract orders and low inventory caused more silicone monomer producers to stop selling spot products. The price of silicon metal kept rising, while that of methyl chloride was stable. The price of methanol fell. The production cost of DMC went up. In the week, amid the rebounding price of raw materials, the increased cost and the growing demand, the prices of OH polymer, gum, silicone fluid and HCR rose. Currently, the silicone monomer factories don’t have inventory pressure. With the high price of silicone and the end of stock addition term in the downstream sectors, the silicone price is projected to steadily rise to some small extent in the short term.

Fumed silica

This week, the domestic fumed silica market ran well. Some of fumed silica enterprises raised their prices. In terms of raw materials, the price of silicon tetrachloride (STC) went up due to the rising price of silicon metal coupled with the growing demand. The price of monomethyltrichlorosilane (MTCS) rose greatly owing to the tight supply. The aforesaid was followed with the fast recovery of downstream market in those companies of RTV, HCR etc. that raised the enthusiasm for adding inventories and the market turnover increased. Since the production cost grows and the demand in downstream sectors improves, the price of fumed silica is expected to be definitely stable in the short term.

Silicon metal

This week, the domestic price of silicon metal continuously rose. Big factories in northern China, with their decreasing pressure of inventory, made the spot silicon metal price go up multiple times. In the future, it is necessary to pay attention to the quotation acceptance and the silicon metal demand from new production capacity in the downstream sectors. However, due to the rapid increase in silicon price, it is expected to have slowdown in price rise as the downstream players had limited capability to buy silicon at a further high price.

Polysilicon

The polysilicon price rose a bit this week. The price of N-type polysilicon stayed stable while that of P-type increased by 0.78% to a max extent. The mainstream market orders mostly ended this September, resulting in the limited turnover overall, with small spot orders occasionally made. Due to the low inventory of polysilicon producers, the supply was somewhat tight. The price increase of polysilicon has narrowed and the polysilicon market is stabilizing. The polysilicon price, in the short period, is expected to stabilize, but may rise in the future.