Silicone

This week, the transaction price of DMC was down by reason of the oversupply. The price of silicon metal dropped. The prices of methyl chloride and methanol stabilized. The production cost of DMC reduced. In this week, the prices of OH polymer, gum, HCR and silicone fluid all fell due to the downward trend in the price of raw materials. Considering the increasing operation rate, gradually released new capacity as expected, the silicone market price is likely to be relatively low in the near future.  

Fumed silica

The drop in the domestic fumed silica price continued this week. The price of silicon tetrachloride (STC) reduced, owing to the sluggish demand. The price of monomethyltrichlorosilane (MTCS) fell due to the oversupply. The enterprises of RTV rubber, HCR, coatings, etc. in the downstream sectors signaled limited needs for fumed silica, with a flat transaction volume. Based on the sufficient supply, weak demand, and reduced production cost, the fumed silica market price is projected to drop fluctuatingly. 

Silicon metal

The price of silicon metal spot fell this week amid the strong wait-and-see sentiment of the downstream sectors. In regards to supply, the silicon metal companies in south China maintained the low operating rate, while those in Xinjiang region and Inner Mongolia lessened the supply of silicon metal due to the reconstructed power lines of plants. With respect to demand, silicone monomer producers decreased needs for silicon metal due to the increasing number of devices overhauled and the reduced operating rate. Polysilicon factories purchased silicon metal on the needs in the regular production. Aluminium alloy firms had stable demand of silicon metal.

Polysilicon

This week, the market price of polysilicon declined with a flat transaction volume of N-/P-type rod-shaped polysilicon enterprises. Currently, the price of polysilicon is too low, making the polysilicon firms almost suffer losses. Although the price of polysilicon was declining for several weeks, it is still higher than expectations of downstream customers. Meanwhile, downstream enterprises would use up the polysilicon inventory soon, some of them consider to sign new orders.