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Silicon Market Analysis (June 10, 2024-June 16, 2024)

Silicon Market Analysis (June 10, 2024-June 16, 2024)

Editor:ACMI-Silicon Jun-17-2024

Silicone

This week, the transaction price of DMC dropped in some regions. Silicone monomer producers almost completed the existing orders. The downstream players represented sluggish demand for DMC, with few transaction volume. The prices of silicon metal and methyl chloride were stable. The production cost of DMC was unchanged. In the week, the prices of OH polymer, gum, HCR and silicone fluid stabilized. Silicone monomer factories had relatively high operation rate and decreased new plans for overhaul. The downstream sectors bought DMC on rigid needs during the off-season. Both of the factors tell that the silicone market price is likely to keep a little low in the short period.

Fumed silica

The domestic fumed silica market price remained stable this week. The prices of monomethyltrichlorosilane (MTCS) and silicon tetrachloride (STC) stabilized. In the week, the producers of HCR, RTV, coatings, to name but a few, purchased fumed silica on rigid demand. The production cost of fumed silica was unchanged. Amid the limited operating rate and the flat demand, the fumed silica market price is expected to consolidate.

Silicon metal

The price of silicon metal spot stayed stable this week, with a few enquiries and flat transaction volume. In the rain season, the silicon metal suppliers both in Sichuan and Yunnan Provinces resumed production. The operating rate of those producers in Sichuan region exceeded 60 percent, and partial new capacity was released. The overall supply of silicon metal increased. For the demand, the silicone monomer factories showed steady needs of silicon metal. Polysilicon companies reduced their demand for silicon metal upon decrease in output. Aluminium alloy enterprises bought silicon metal on rigid demand. 

Polysilicon

This week, the market price of N-type polysilicon stabilized, while that of P-type one fell slightly. To the present, very few polysilicon firms signed orders of this June, with the intention of digesting the existing inventory. In the late fortnight, the increasing demand of polysilicon from the silicon wafer producers eased the polysilicon backlog. In summary, the polysilicon price is further approaching the bottom.