Silicone

This week, the transaction price of DMC fell because of the increasing supply of DMC spot and the sluggish demand in the downstream sectors. The price of silicon metal kept falling. The prices of methyl chloride and methanol stabilized. The production cost of DMC reduced. In this week, with the falling price of raw materials, the prices of OH polymer, gum, HCR and silicone fluid all dropped. Multiple silicone monomer producers stopped production for overhaul, the downstream demand remained weak, and the production cost reduced. All these factors will cause the silicone market price to be relatively low in the near future, as anticipated.

Fumed silica

The domestic fumed silica market price slightly dropped. The price of silicon tetrachloride (STC) adjusted, and that of monomethyltrichlorosilane (MTCS) went down due to an increasing supply. The enterprises of RTV rubber, HCR, coatings, etc. in the downstream sectors digested their inventories, with limited demand of fumed silica. In the case of enough supply, weak demand, and reduced production cost, the fumed silica market price is expected to consolidate in the short period. 

Silicon metal

This week, the price of silicon metal spot still declined. The supply of silicon metal is expected to decrease overall. Specifically, silicon metal factories in southern China ran at a low operation rate, while some silicon metal producers in northern China overhauled their plants. As to the demand, silicone monomer producers had steady demand for silicon metal. Polysilicon companies purchased silicon metal on needs. Aluminium firms operating well had stable demand for silicon metal. The price of aluminium was stable, and those of polysilicon and silicone monomer fell.

Polysilicon

The market price of polysilicon fell overall this week. The downstream customers bought polysilicon mostly at the lowered price. Accordingly, the polysilicon producers are unprofitable currently. The polysilicon firms expressed the price decrease to exceed expectations. Seen by the silicon wafer producers, the price of polysilicon is likely to further go down, rendering them in a wait-and-see sentiment.