Market Overview: Last week, DMC prices remained stable overall. The price range of silicon metal fluctuates, methanol prices rise, and cost support strengthens. The downstream wait-and-see mentality has loosened, and the demand for phased replenishment is gradually being released. The DMC transaction center saw a narrow increase. The current mainstream quotation for DMC is 13100-13300 yuan/ton (in early November, the mainstream quotation for DMC was 11200-12000 yuan/ton, with an actual average transaction price of around 10900 yuan/ton).
Last week, the transaction price of DMC raw materials slightly increased, while 107 rubber, raw rubber, and silicone oil products remained stable, and the price of mixed rubber increased locally. Throughout November, driven by two industry "anti involution" conferences, DMC、 The prices of 107 glue, raw glue, and silicone oil have been increased by 1500-2000 yuan/ton. After domestic silicone adhesive companies issued price increase letters, foreign companies such as Dow also announced product price increases, with a range of 10% -20%, driving the smooth implementation of the industry's price transmission mechanism and steadily improving market prosperity. According to the consensus reached at the meeting, the industry's collaborative production reduction is expected to begin in early December. If the implementation of the production reduction plan meets expectations and the raw material DMC continues to rise, it is expected that the price of organic silicon products will remain stable and follow suit, but the traditional off-season demand will limit the increase.
Market Overview: Last week, the overall market for gas-phase silica remained stable with a moderate upward trend. The raw materials of methyltrichlorosilane and silicon tetrachloride are both at a high level and the supply is tight. The enterprise is currently under significant cost pressure, and the price of gas silicon products has increased.
Due to the expected reduction in production measures by individual factories, downstream areas such as rubber mixing are increasing the frequency of replenishing raw material silicon gas, and the market trading atmosphere is becoming more active. If the production reduction plan of individual enterprises is actually implemented next month, the supply of methyltrichlorosilane is expected to further tighten. Overall, against the backdrop of a gradually strengthening supply-demand pattern, the market for gas-phase white carbon black is expected to continue its upward trend in the short term.
Market Overview: Last week, the silicon metal market fluctuated within a certain range. On the supply side, the shutdown speed of furnaces in Yunnan and Sichuan has significantly slowed down, while the number of furnaces opened in Gansu and Inner Mongolia production areas has increased or decreased. The operating rate in Xinjiang remains stable, and overall production continues to decline slightly. On the demand side, there has been a decrease in downstream polycrystalline silicon production and an increase in organic silicon production, resulting in a weakening of overall demand. But there is some support in the market recently, and it is expected that the downward space will be limited. It is expected that the production of silicon metal in December will continue to decline month on month, but the magnitude will narrow. If organic silicon enterprises implement joint emission reduction in December, their production will also slightly decline compared to the previous month, resulting in a slight reduction in demand for metal silicon consumption. Overall, we will continue to build inventory in November, and it will be difficult to sell inventory in December. It is expected that there will still be a slight increase. At present, the fundamental expectations are expected to further shift towards looseness, which also exerts some pressure on prices. It is expected that the price of silicon metal will continue to fluctuate.