Silicone

This week, the price of DMC was stable. Some silicone monomer producers restarted devices, making spot supply increase. The actual transaction amount of new orders lessened, causing DMC price to stabilize overall and just be down in some regions. As the price of silicon metal rose continuously and those of methyl chloride and methanol went up, the production cost of DMC increased. In the week, the prices of OH polymer and gum were in stability, but those of HCR and silicone fluid rose a little. As the silicone monomer producers raised the operating rate and the downstream customers ended the phase stocking, the silicone price is slated to steadily fall in a narrow manner in the short period.

Fumed silica

This week, the domestic fumed silica market ran well. The enterprises mostly raised their quotations. In terms of raw materials, the short supply of monomethyltrichlorosilane (MTCS) drove the fumed silica price to rise, hitting the upmost point so far in 2023. With the increasing production cost, the price of silicon tetrachloride (STC) rose slightly. This week witnessed some fumed silica enterprises stop selling their goods, resulting in the tight supply. The HTV and HCR producers in the downstream sectors had normal operating rate, but the price surge of fumed silica made them increase stock amount. The production cost of fumed silica gradually increased. In the future, downstream enterprises will digest raw material inventory. The price of fumed silica is projected to be stable in the short term.

Silicon metal

The spot price of silicon metal rose in the week. First, the downstream sectors saw the growing demand for silicon metal. Second, the upstream and downstream players were optimistic about the future market. Third, the current price increase in silica, petroleum coke, silicon coal and electrode contributed to the price rise. On the demand side, the positive news in the real estate industry led to the growing demand for silicone. The gradual release of new production capacity in polysilicon producers increased the demand for silicon metal. Aluminium producers slightly raised the operating rate, some of them increased stocking before the National Day holiday,  resulting in a slight increase in demand for silicon metal.

Polysilicon

The price of N-type polysilicon increased a bit this week, but that of P-type one stabilized, with the unchanging differentiation between their prices. For one thing, some polysilicon enterprises endeavored to finish the existing contract orders, while the others began to negotiate about orders for this October. The current market showed a sluggish situation. For another, price differentiation in silicon wafers resulted in a decrease in the battery price and a reduction in component manufacturers’ production. Although the ingot mono pulling producers in downstream sectors ran at a high operating rate and had the growing demand for polysilicon, they were relatively pessimistic about the future market.