ACMI-Silicon

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Silicon Market Analysis (Jan. 29, 2024-Feb. 4, 2024)

Silicon Market Analysis (Jan. 29, 2024-Feb. 4, 2024)

Editor:ACMI-Silicon Feb-05-2024

This week, the transaction price of DMC was stable. The silicone monomer producers had the relatively high operation rate, in order to complete the existing orders. The prices of OH polymer, gum and silicone fluid got stable due to the unchanged price of raw materials, but the price of HCR was up relatively. Whereas more end-users ahead start the Spring Festival holiday, the silicone monomer producers in low inventory have strong willingness to raise prices. The silicone market price is likely to keep stable in the near future.

The domestic price of fumed silica was in stability this week. Driven by the raised price of some leading enterprises, the actual transaction price of fumed silica went up. Its expected that the fumed silica market price will increase steadily in the short period.


The price of silicon metal spot stabilized overall this week, with reducing transaction volume. The silicon metal producers in northwest China didn't resume production on a large scale, while those in the southwest area continued reducing their operating rate. Silicone enterprises had stable operating rate, which had stable demand for silicon metal.

 


The prices of N-type polysilicon and P-type one increased slightly this week, with the considerable transaction volume.