Last week, the DMC quotation remained stable overall, and Shandong's major factories increased by 100 yuan/ton. The price of silicon metal is running weakly and steadily, while the price of methanol fluctuates narrowly, and the cost side support continues to be weak. There are many pre-sale orders from individual factories, and the overall inventory level is low, which supports market prices. The current mainstream quotation for DMC is 13800-14000 yuan/ton, and the actual transaction price is around 13900 yuan/ton. Last week, the price of DMC raw materials remained stable with a slight increase, while downstream products such as 107 rubber, raw rubber, mixed rubber, and silicone oil maintained stable prices. DMC prices are expected to continue to operate steadily with a moderate to strong trend, and downstream and terminal foreign trade orders are expected to improve. It is expected that the prices of organic silicon products will remain stable with small fluctuations in the short term.
Last week, the market for gas-phase silica remained stable. The price of Class A has slightly loosened, while the price of tetrachloroethylene remains stable at a high level. Currently, the company's cost support is relatively strong. Last week, the market for gas-phase silica showed a pattern of stable supply and demand, with both cost support and demand pull. Downstream silicone rubber enterprises, driven by pre holiday stocking and export orders, have increased their procurement volume of gas silicone, especially high-quality sources. The overall market inquiry and transaction rhythm are stable. The inventory pressure of the enterprise is not high, and the willingness to raise prices is strong. It is expected that the short-term market will continue to operate steadily with a moderate to strong trend.
Last week, the spot market for silicon metal remained stable overall. On the supply side, the construction in the southwest region continues to be sluggish, while production in the northwest is temporarily stable but the expectation of reduced production is increasing. Supply is expected to further tighten in the future. On the demand side, the production reduction of polycrystalline silicon has increased, and the production stoppage or significant reduction of top enterprises has led to a significant decrease in direct demand for metallic silicon; Organic silicon maintains self-discipline in emission reduction, while the marginal demand for aluminum alloy weakens, with rigid procurement being the main focus. The FOB price at the export end has slightly decreased due to the influence of the US dollar index, and silicon metal has not been included in the latest export control, keeping the channel open. Overall, the current metal market is weak in both supply and demand, but the decrease in demand for polycrystalline silicon is more prominent. Social inventory may continue to accumulate, and spot prices lack upward momentum in the short term. If large-scale production cuts in major production areas such as Xinjiang are implemented or boost market sentiment, prices will still be under pressure.