Silicone

This week, the transaction price of DMC kept falling owing to the weak demand and the relatively sufficient supply of DMC spot. The price of silicon metal was stable overall. The price of methyl chloride fluctuated slightly while that of methanol rose moderately. The production cost of DMC increased. In this week, with the falling price of raw materials, the transaction prices of OH polymer, gum, HCR and silicone fluid were a bit dropping. Since silicone monomer producers raise operating rate and the downstream demand is weak, the silicone market price is predicted to fall a little in the short period.

Fumed silica

This week, the domestic fumed silica market was stable. The enterprises offered relatively high quotations. In terms of raw materials, the price of monomethyltrichlorosilane (MTCS) kept falling due to its sufficient supply. The price of silicon tetrachloride (STC) adjusted slightly. In the week, the market demand for fumed silica slowed down, and the producers of RTV rubber and HCR purchased fumed silica on rigid demand, rendering the stable transaction volume. In the case of the ample inventory, stable production cost, coupled with the weak demand, the fumed silica is slated to consolidate in the short term.

Silicon metal 

The spot price of silicon metal stabilized this week. With regard to the supply, more silicon metal producers in southwest China reduced production or closed down some devices. Those in northwest China released new capacity or resumed production. In terms of the demand, the silicone monomer producers raised their operation rates, increasing demand for silicon metal. The price of polysilicon was down slightly, tending to be stable. Polysilicon producers released new capacity, increasing demand for silicon metal. Aluminium alloy market price fluctuated, aluminium producers purchased silicon metal on rigid demand. Amid the growing demand and steady supply, the price of silicon metal is projected to be up slightly.

Polysilicon 

This week witnessed the stable price of polysilicon. Most polysilicon enterprises signed contract orders for December. Specifically, the transaction volume of N-type polysilicon was more than that of P-type one. Currently, the growing demand for N-type polysilicon pushed the enterprises to increase the production of N-type polysilicon in product mix. In contrast, the transaction of P-type polysilicon was flat, and the end-products needed less P-type polysilicon, so the downstream terminal market purchased P-type polysilicon rigidly based on production cost for end-products, instead, they intended to make silicon ingot pulling with cauliflower and coral materials at a lower price. It’s expected that the price of N-type polysilicon will be stable while that of P-type one will fall slightly in December 2023.