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Silicon Market Analysis (Dec. 4, 2023-Dec. 10, 2023)

Silicon Market Analysis (Dec. 4, 2023-Dec. 10, 2023)

Editor:ACMI-Silicon Dec-11-2023

Silicone

The transaction price of DMC kept falling this week owing to the sluggish terminal demand and the sufficient supply of DMC spot. The price of silicon metal was in stability. The price of methyl chloride dropped to a large extent while that of methanol rose narrowly. The production cost of DMC was raised. In this week, under the falling price of raw materials, the prices of OH polymer and gum got down, those of silicone fluid and HCR were overall stable. In the case that some silicone monomer producers restart devices, and the downstream demand is weak, the silicone market price is expected to steadily fall in near future.

Fumed silica

This week, the domestic fumed silica market saw stability. The enterprises offered the unchanged quotations. In terms of raw materials, the price of monomethyltrichlorosilane (MTCS) fell due to the sufficient supply. The price of silicon tetrachloride (STC) remained stable. In the week, the downstream producers of RTV rubber and HCR bought fumed silica on rigid demand, with the stable transaction volume. Amid the stable production cost and the weak demand in the downstream sectors, the fumed silica is projected to adjust in the short term.


Silicon metal


The spot price of silicon metal remained stable this week. As to the supply, more silicon metal producers in southwest China managed production reduction, while those in northwest China resumed production and released new capacity as planned. The output of silicon metal in December is slated to decrease. For the demand, individual silicone monomer producers operated at low production rate with less need for silicon metal. Polysilicon price continued to be down. Since polysilicon producers increased capacity, they needed more silicon metal. Aluminium alloy factories purchased silicon metal on the demand. So far, the downstream buyers still has the wait-and-see sentiment for the silicon metal market, although their silicon metal inventory stays at low level.

 

Polysilicon


This week saw the polysilicon price drop. On the production cost side, the relatively stable price of silicon metal promoted the polysilicon production. As the silicon metal  producers in southwest China shut down the devices one after another, silicon metal supply diminished slightly. On the demand side, silicon wafer producers raised production, increasing demand of polysilicon. In view of stock pressure, the silicon wafer price was inclined to fall, forcing that of polysilicon to be down. Regarding the polysilicon inventory, it was normal with ranging 5-7 tons. To summarize it, the polysilicon price is expected to fall in December, particularly, the price of P-type polysilicon will decrease more drastically than that of N-type one amid the greatly increasing capacity.