Last week, the transaction price of DMC raw materials fell, while the overall prices of 107 rubber, raw rubber, silicone oil, and mixed rubber remained stable, with some companies offering discounts for shipments. Downstream and terminal enterprises tend to focus more on short-term trading and have a strong bearish sentiment. Whether to continue reducing production and driving up prices or exchanging prices for volume, we need to pay attention to the industry conference after the holiday. Last week, DMC remained stable with a slight decline. The price of silicon metal remains stable, while the price of methanol continues to decline, and there is a lack of strong support on the cost side. Individual factories offer discounts to core customers to stimulate downstream enterprises to stock up. The current mainstream DMC quotation is 14400-14800 yuan/ton.
Last week, the market for gas-phase silica in China remained stable, and there was no adjustment in enterprise quotations. During the week, the market for methyl trichlorosilane was consolidating, and the average price of silicon tetrachloride was adjusted narrowly compared to last week. Last week, the equipment of gas-phase silicon dioxide enterprises was operating normally, mostly for fixed customers. Downstream operations were stable, and the demand for gas-phase silicon remained stable. The transaction volume continued to be flat. In the short term, there will be limited changes in the prices of raw materials such as methyl chloride and tetrachlorine, which will have a relatively small impact on the market. The overall supply and demand relationship is currently in a relaxed state, which will provide limited support for the market. It is expected that the gas-phase silica market will continue to operate steadily.
Last week, the spot price of silicon metal remained stable. The market has not shown significant improvement yet, with the implementation of production reduction plans by major northern companies and a slight correction in futures contract prices. However, overall market transactions are light, and demand is still dominated by essential purchases, with overall prices remaining stable. On the supply side, the production in March increased slightly compared to February. In April, major northern factories reduced production and some new production capacity was put into operation, resulting in an overall decrease greater than the increase. On the demand side, the operating load of organic silicon monomer plants continues to decline, resulting in a decrease in demand for metallic silicon; The operation of polycrystalline silicon plants is relatively stable, and the demand for metallic silicon remains stable; Aluminum alloy factories are expected to purchase silicon metal on demand, resulting in a slight decrease in overall demand. Metal silicon may face a situation of both supply and demand reduction, but overall inventory remains high, putting significant pressure on the spot market. The overall market sentiment remains pessimistic, and it is expected that prices will continue to fluctuate within the bottom range.