Market Overview: Last week, DMC prices remained weak and stable. The price of silicon metal remains stable, while the price of methanol fluctuates narrowly, with little impact on the cost side. Low operating load combined with pre-sale order delivery, the overall inventory pressure of individual factories is controllable. But downstream demand is weak, with rigid procurement as the main focus, and the transaction center has declined slightly. The current mainstream quotation for DMC is 13700-14000 yuan/ton, and the actual transaction price is around 13600 yuan/ton.
Last week, the prices of DMC raw materials remained weak and stable, while the prices of 107 rubber, raw rubber, mixed rubber, and silicone oil products remained stable with small fluctuations. Downstream and terminal consumption are weak, and market confidence is insufficient. It is expected that the silicone market will maintain weak and stable operation before the holiday.
Recently, platinum prices have surged, and liquid glue, silicone additives, and silicone product factories have raised prices one after another; Two major silicone giants have issued price increase letters and will raise prices in January; Combined with the organic silicon industry conference in early January, it is expected to strengthen the implementation of production cuts. There is an expectation of an increase in organic silicon prices after New Year's Day.
Market Overview: Last week, the overall stable operation of the gas-phase silica market resulted in an increase in actual transaction prices. The raw material methyl trichlorosilane has stabilized at a high level, and the enterprise is currently under significant cost pressure.
Last week, although the downstream silicone market mainly purchased gas-phase silica for essential needs, the frequency and enthusiasm of procurement have been increasing. Under the combined effect of upstream and downstream factors, the production cost of gas-phase silica is strongly supported, and the overall market supply remains stable. Overall, it is expected that the price of gas-phase silica will remain stable in the future, with little room for increase.
Market Overview: Last week, the spot price of silicon metal remained stable and mainly consolidated. The enterprise's quotation is firm, with no willingness to offer discounts at the moment. Downstream demand is weak, with urgent purchases and a small amount of shipments from futures and spot traders. Overall market trading is relatively flat. On the supply side, there is still a reduction in production in the southwest region, but the extent is relatively limited. The number of furnaces opened in the northwest and north China has increased, and the overall supply has slightly decreased. On the demand side, there are expectations of reduced production of polysilicon and organosilicon, but the reduction in consumption of metallic silicon is not significant. Aluminum alloy supply is affected by environmental protection, and production continues to decline. At the current basis level, there is insufficient momentum for warehouse receipt registration, which provides some support for futures prices; However, the high inventory pressure in the spot market restricts the upward space of prices, resulting in significant resistance to the rise of futures prices. Overall, the current supply and demand in the silicon metal market are weak, but with cost support, there is limited space for silicon prices to fall below. Although companies have the willingness to raise prices, downstream demand is unlikely to improve, and it is expected that silicon prices will remain volatile at the bottom in the near future.
Market Overview: Last week, the price of polysilicon in the market rose slightly, and the number of mainstream signing companies increased month on month. Most companies are intensively negotiating January orders. This round of market trend has ended the stable trend of the previous three months, driven by three factors: first, silicon material enterprises have implemented production reduction and sales control, and the production and shipment scale in January is expected to drop to 60000 to 80000 tons, easing supply pressure; The second is to reduce production, which drives up unit costs and forces price increases; The third is to maintain the stability of the price system through consensus between upstream and downstream, providing support for the stabilization and recovery of downstream links. In the short term, there is a strong atmosphere of supply side production reduction, and the operating rate remains low; The price of silicon wafers on the demand side has rebounded, supported by rigid procurement of battery cells and components, but it still takes time for the terminal to fully recover; The production and demand on the inventory side are basically matched, but the absolute inventory is high, and there is still pressure to reduce inventory. Overall, market confidence is gradually recovering, and with the effects of tight supply and smooth downstream price transmission, the polysilicon market is expected to achieve short-term stability in both quantity and price.