Silicone

This week, the transaction price of DMC fell owing to the sufficient supply of DMC spot. The price of silicon metal kept stable. The price of methyl chloride dropped, and that of methanol rose. The production cost of DMC reduced. In this week, the prices of OH polymer, gum, HCR and silicone fluid all dropped due to the falling price of raw materials. The overhauled units of multiple silicone monomer producers will be restarted in late April. With the growing supply and sluggish demand, the silicone market price is predicted to stay low in the short term.

Fumed silica

The domestic fumed silica market price was down this week. The price of silicon tetrachloride (STC) consolidated, and that of monomethyltrichlorosilane (MTCS) adjusted moderately. The enterprises of RTV rubber, HCR, coatings, etc. in the downstream sectors had stable needs for fumed silica, with a flat transaction volume. Due to the sufficient supply, relatively weak demand, and reduced production cost, the fumed silica market price is expected to consolidate in the short term.  

Silicon metal

The price of silicon metal spot stabilized overall this week. As far as the supply is concerned, the silicon metal factories in south China maintained the low operating rate. In north China, partial silicon metal producers closed down for overhaul, and some regional ones in Inner Mongolia reconstructed the power line of plants, making the total output reduce, despite new furnaces to open as planned in April 2024. Concerning the demand, silicone monomer producers demanded silicon metal stably, in the case of their plan of overhauling the devices this month, together with the resumption of the maintained production lines. Polysilicon companies had stable demand for silicon metal. Aluminium alloy enterprises bought silicon metal rigidly on their needs.  

Polysilicon

The market price of polysilicon dropped this week with a limited transaction volume. Currently, the price of polysilicon is too low, resulting in almost no profit for the enterprise. On the demand side, the downstream silicon wafer factories had the low operation rate, rendering the high inventories both of silicon wafer and polysilicon. Overall, polysilicon companies, in the near future, will have high inventory, and the price of polysilicon is unlikely to rise unless a large scale of production is suspended.