Silicone
This week, the transaction price of DMC fell slightly due to the sluggish terminal demand. The price of silicon metal was a little down. The prices of methyl chloride and methanol rose slightly. The production cost of DMC increased. In the week, the prices of OH polymer, gum, silicone fluid all fell as the price of raw materials dropped, and that of HCR stabilized. With the weak demand for silicone and the expanding production reduction in silicone monomer producers, the silicone market is expected to be weak in the near future.
Fumed silica
This week, the domestic market price of fumed silica stabilized. In terms of raw materials, the price of silicon tetrachloride (STC) increased a bit due to the short supply in the case of the reduced trichlorosilane (TCS) operating rate. The price of monomethyltrichlorosilane (MTCS) remained high. In the week, the producers of RTV rubber and HCR in the downstream sectors bought fumed silica on the rigid demand, with the flat transaction volume. Since the downstream market enters the off-season for purchase, and the production cost of raw materials increased, the fumed silica is slated to consolidate in the short period.
Silicon metal
The price of silicon metal was slightly down this week. The downstream players had a wait-and-see sentiment, with the flat trading volume. Regarding the supply, silicon metal producers in northwest China released production capacity normally, while those of southwest China increased the reduced production or stopped production in the case of the short supply of power. As for the demand, silicone monomer producers cut down the operating rate to some large extent as the silicone price was falling, making the silicon metal demand decrease. The polysilicon firms needed more silicon metal as the new capacity was released although the polysilicon price fell. The aluminium alloy companies ran normally and needed stable silicon metal.
Polysilicon
The polysilicon price continued falling slightly this week. For one thing, silicon wafer producers raised the operation rate, recovering the polysilicon demand, however, as it was unable to consume the total output of polysilicon, the polysilicon inventory grew. For another, the oversupply of polysilicon went on under an increment in new capacity together with the polysilicon project coming on line this November by Zhejiang Hoshine Silicon Industry Co., Ltd. Meantime, the price of silicon metal turned to be stable from the higher. The price of polysilicon may decline slightly in the future.