Market Overview: Last week, DMC prices remained stable with a moderate downward trend. The prices of silicon metal and methanol are weakly fluctuating, with limited cost fluctuations. Local individual units have been shut down for maintenance, and the supply side has eased. Downstream demand remains flat, with procurement mainly focused on digesting existing inventory, resulting in a slight shift in the market transaction center. The current mainstream quotation for DMC is 10800-11500 yuan/ton, with an actual average transaction price of around 10700 yuan/ton.
Last week, the focus of DMC raw material transactions shifted narrowly downwards, with insufficient follow-up from downstream and terminal demand. Inter enterprise bidding for shipments resulted in stable prices of 107 rubber, raw rubber, mixed rubber, and silicone oil, with some areas experiencing a partial decline. There is currently no positive news in the market, and it is expected that the price of organic silicon products will remain stable with small fluctuations in the short term.
Market Overview: Last week, the market for gas-phase silica operated weakly, with no adjustments to enterprise quotations and only slight adjustments to actual transaction prices. The raw material, methyltrichlorosilane, maintains a high level.
Last week, the downstream market for gas-phase silicon dioxide experienced differentiation, with relatively good demand for high-end gas-phase silicon dioxide. However, the overall situation remained in a state of oversupply, with significant inventory pressure on enterprises. In the short term, there is unlikely to be a significant improvement in market demand. Although demand remains weak, the gas-phase silica market will maintain stable operation with cost support.
Market Overview: Last week, the overall silicon metal market showed a range oscillation pattern. Against the backdrop of a lack of new news disturbances, the spot market mainly follows the fluctuations of the futures market, with chaotic quotes and both high and low prices appearing. The market mentality is divided, with both bullish and bearish views coexisting. On the supply side, some silicon plants have voluntarily lowered their operating rates, resulting in a certain decrease in production. However, the operating levels in Xinjiang remain at a medium to high level, and the overall supply level fluctuates limited. On the demand side, due to production and sales restrictions on polycrystalline silicon, there may be a decline in production and demand for metallic silicon; Organic silicon monomer factories also have reduced production layouts, resulting in a decrease in demand for metallic silicon. The purchaser's psychological price is relatively low and there is a certain degree of price suppression sentiment. At present, both the supply and demand sides of metallic silicon have weakened, and the fundamentals still show weakness. The silicon metal market may continue to fluctuate in the short term, with limited upward and downward momentum.