Silicone
The transaction price of DMC was overall in stability this week. The silicone monomer producer had a different expectation for the future market price due to the number disparity in new orders. The downstream customers turned to purchase DMC to increase inventory. The price of silicon metal stabilized. The price of methyl chloride rose first and then fell. The production cost of DMC was raised. The prices of OH polymer, gum, HCR and silicone fluid remained stable in the week. In the case of oversupply, the silicone market price is slated to drop in partial regions.
Fumed silica
The domestic fumed silica price rose this week. The prices of silicon tetrachloride (STC) and monomethyltrichlorosilane (MTCS) were stable. In the week, the enterprises of silicone rubber, coatings and others increased enthusiasm for purchasing fumed silica, with the rebounding transaction volume. The production cost was unchanged. The fumed silica companies, with a limited operating rate, still had certain inventory and made efforts to complete the existing contract orders. Amid the steady relationship of supply and demand, the fumed silica market price will stabilize in the near future.
Silicon metal
The price of silicon metal spot was stable this week, with a flat transaction volume. The spot price offered by the spot and future players for silicon metal was lower than that of the spot by silicon metal factories. On the supply side, the silicon metal producers in northwest China raised the operating rate. The silicon metal manufacturers in Yunnan province had normal operation rate, while those in Sichuan province resumed production, making the silicon metal output increase in the near future. On the demand side, silicone monomer producers overhauling devices lessened their needs for silicon metal. Polysilicon companies had unchanged demand for silicon metal. Aluminium alloy firms presented the rigid demand on silicon metal.
Polysilicon
This week, the market price of polysilicon fell, with the reducing transaction volume, intensifying the pessimistic market expectations. Currently, the polysilicon factories have few profits. Under the high inventory pressure, partial small-scale polysilicon producers started to overhaul devices. The terminal demand has not yet recovered. The silicon wafer inventory was increasing, silicon wafer prices kept falling, which rendered the weak demand for polysilicon. As the prices of silicon powder and silicon metal stabilized, the production cost of polysilicon was unlikely to reduce further.