Silicone

The transaction price of DMC went steadily this week. Silicone monomer producers focused on finishing the existing orders, some of them restarted their devices. The downstream sectors were digesting the inventory. The price of silicon metal was stable, while that of methyl chloride dropped. The production cost of DMC was unchanged. In the week, the prices of OH polymer, gum, HCR and silicone fluid were in stability. Taking all the above into account, the silicone market price is slated to stay stable in the near future, which is probably falling after the mid-month.

Fumed silica

The domestic fumed silica market price was in stability this week. The prices of monomethyltrichlorosilane (MTCS) and silicon tetrachloride (STC) declined slightly because of the sufficient supply. In the week, the companies of silicone rubber, coatings and others purchased fumed silica on rigid needs. The production cost was reduced. In the case of the relatively increasing operating rate coupled with the slightly rising demand, the fumed silica market price is projected to keep consolidating.

Silicon metal

This week, the price of silicon metal spot was stable. Regarding the supply side, the silicon metal factories in southern China raised the operating rate. Particularly, the factories in Sichuan Province increased their operation rate thanks to the fall in electricity charge to a large extent. Those in Yunnan Province were expected to resume production in mid-to-late June 2024. In northern China, the silicone metal producers also had high operating rate. Concerning the demand, the silicone monomer producers increased a bit of demand for silicon metal owing to the raised operating rate as expected. Polysilicon companies reduced the operation rate in need of less silicon metal.

Polysilicon

The market price of polysilicon went down slightly. Most of the actual market transaction were done by N-type polysilicon producers. The inventory of polysilicon increased. The downstream silicon wafer enterprises showed passion for purchase. The stabilized price of raw material silicon metal had the positive impact on stability of polysilicon price. Overall, amid the pressure both from the market and the inventory, more polysilicon firms prepared for overhauling devices. The polysilicon price is approaching the bottom.