Silicone

This week, the transaction price of DMC dropped to a slight extent due to the weakening terminal demand. The price of silicon metal was relatively low. The price of methyl chloride rose, and that of methanol fluctuated a bit. The production cost of DMC increased. In the week, the prices of OH polymer, gum, silicone fluid and HCR stabilized overall as the the main producers anchored offering price. Taking into account the sluggish demand for silicone, the expanding production reduction in silicone monomer producers and the high cost, the silicone market is expected to show a weak and stable performance in the short term.  

Fumed silica

This week, the domestic fumed silica market showed stabilization. Some firms raised price slightly, leading to the high market price of fumed silica. In terms of raw materials, the average price of silicon tetrachloride (STC) fell, while that of monomethyltrichlorosilane (MTCS) was stable. In the week, the producers of RTV rubber and HCR in the downstream sectors bought fumed silica on the rigid demand, some of them were digesting inventory, with the flat transaction volume. The fumed silica is projected to keep consolidating in the short period.

Silicon metal

The price of silicon metal dropped this week due to the sluggish demand and the downward prices of silicone and polysilicon. Concerning the supply, the southwest China saw more polysilicon plants stop production and some producers planned to shut down their furnaces. In northwest China, silicon metal producers resumed production. Regarding the demand, silicone producers reduced operating rate due to the declining price. Some silicone monomer producers overhauled in early November. Some polysilicon firms signed new contracts at a lower price and some continued to release new capacities. The aluminium alloy companies purchased silicon metal on their needs. Overall, the demand for silicon metal grew slightly.

Polysilicon 

The polysilicon price fell to the small extent this week. On the one hand, silicon wafer producers slightly raised their operation rate, and offered relatively stable quotations of silicon wafer and components. The demand for polysilicon improved a bit. On the other, the currently falling price of silicon metal made polysilicon producers reduce production cost. However, the market price of polysilicon was down due to the oversupply and growing inventory.