Silicone

This week, the transaction price of DMC dropped slightly due to the sluggish terminal demand. The price of silicon metal was stable. The price of methyl chloride fell, and that of methanol was down narrowly. The production cost of DMC was unchanged. In the week, under the falling price of raw materials, the prices of OH polymer and gum went down, and those of silicone fluid and HCR stabilized. In approach to the end of November, amid the sluggish demand for silicone and the expanding production reduction in silicone monomer producers, the silicone market price is expected to stay stable but a bit down.

Fumed silica

This week, the domestic market price of fumed silica steadily rose. Some enterprises based on silicon tetrachloride (STC) raised prices a bit, and the others offered stable ones. In terms of raw materials, the price of monomethyltrichlorosilane (MTCS) was slightly down as its short supply was eased. The price of STC remained high. In the week, the downstream producers of RTV rubber and HCR purchased fumed silica with their needs, with the less transaction volume. Since the downstream market enters the off season, and the production cost increased in the case of high prices of MTCS and STC, the price of fumed silica is projected to flutuate in the short term.

Silicon metal 

The price of silicon metal was in stability overall this week. Regarding the supply, more silicon metal producers in southwest China reduced production or shut down. In contrast, those in northwest China ran normally, GCL (Xinjiang) and Shanghai East Hope Group started up new furnaces, so the shortage in silicon metal supply won’t be seen in recent days. To the demand side, the silicone terminal market showed the sluggish demand for silicon metal, the silicone monomer producers ran in low operation rate or planned for overhaul in late November. Polysilicon enterprises increased the demand for silicon metal to a small extent due to their new capacity being released despite the continuously downward price of polysilicon. In the short term, the price of silicon metal may remains stable.

Polysilicon 

The polysilicon price this week continued falling slightly. The enterprises signed just a few of new contract orders. Some adjusted the high price of the existing orders. Currently, the downstream players had a wait-and-see sentiment for buying polysilicon, causing the polysilicon producers to cut down the quotation. Meanwhile, the price of silicon metal stayed low, hence that of polysilicon showed a downward trend. For the demand side, the silicon wafer producers raised operating rate, drove the polysilicon demand to increase a little. Moreover, the polysilicon demand in the terminal markets was sluggish. Generally, the polysilicon market presented a structural oversupply, the price trend of polysilicon may be linked to the terminal market demand.