Last week, DMC prices were mainly stable. The price of silicon metal has risen narrowly, while the price of methanol first fell and then rose, supporting individual factories to continue to raise prices. Downstream demand remains weak during the off-season, with bearish expectations lingering and significant fundamental pressure. The mainstream quotation for DMC is currently 10300-11000 yuan/ton, with an actual average transaction price of around 10400 yuan/ton.
Last week, the raw material DMC maintained stable operation, and the pre-sale of raw rubber was optimistic with large stability and small fluctuations. The price of 107 rubber was under pressure due to weak downstream demand and a large price difference with DMC, while the price of silicone oil was affected by weak and high demand for room temperature rubber in the main downstream. The mixed rubber compound weakened narrowly due to insufficient cost support and rare orders in the downstream product industry. DMC is stabilizing and weakening, and the fundamentals are under pressure, making it difficult to change the weak pattern of the short-term organic silicon market.
Market Overview: Last week, the market for gas-phase silica operated smoothly, with stable quotes from enterprises being the main factor. The prices of raw materials methyltrichlorosilane and silicon tetrachloride are running at a low level.
Last week, the production of gas-phase silica enterprises was normal, and shipments were mainly aimed at maintaining stable customers. Downstream silicone rubber and other enterprises continued to purchase urgently, with limited orders. Some gas-phase silica enterprises still have certain shipment pressure. In the short term, the raw material side of methyl and tetrachloride is still in a low consolidation state, and downstream customer demand changes are limited. There is currently no positive support for both the supply and demand sides, and the gas silicon market will continue to remain flat.
Market Overview: Last week, the spot price of silicon metal rose. Recently, spot prices have slightly increased due to the rise in the market, production cuts by major northern companies, and increased demand for polysilicon, but downstream procurement remains cautious and cautious. On the supply side, the resumption of production in the north fell short of expectations and resulted in partial production cuts, leading to a contraction in incremental growth; The addition of new production capacity in the south, coupled with the opening of furnaces during the flood season, has led to an expansion in production and a month on month increase in total national supply. Demand side: The demand for organic silicon and polycrystalline silicon remains stable, while the demand for aluminum alloy remains high. Under the expectation of large factories reducing production and polysilicon resuming production, the supply and demand structure has slightly improved, but the momentum for continuous rise in spot prices is insufficient. It is necessary to pay close attention to the production dynamics of large factories and changes in downstream demand, and it is expected that prices will operate in a narrow and strong range in the short term.
Market Overview: Polycrystalline silicon showed a slight rebound trend last week. The direct driving factor is that some orders were temporarily suspended in the early stage and restarted at higher than expected prices, coupled with sporadic enterprise price increases and transactions. There are three underlying reasons: firstly, the monthly production is stable at around 100000 tons, and the supply and demand are basically matched, with no pressure to increase inventory; Secondly, the national policy strictly controls low price dumping, guides supply side optimization, and boosts market confidence; Thirdly, prices have been consistently below the industry average cost line for over a year. Four companies have stopped production in the first half of this year, and a total of nine companies have stopped production since 2024. Under the pressure of long-term losses, the market's willingness to raise prices has increased, jointly driving a tentative and rational price increase.