Last week, DMC prices remained weak and stable. The price of silicon metal fluctuated slightly, while the price of methanol increased significantly, leading to increased cost pressures. Single unit load reduction operation in Shandong and Inner Mongolia regions. Most individual factories have firm quotes, some have closed down, some individual factories have reduced pre-sale orders, and transactions have become narrow and loose downwards, resulting in a stalemate game between buyers and sellers. The current mainstream quotation for DMC is 14000-14300 yuan/ton. The actual average transaction price is around 14050 yuan/ton. Last week, the markets for 107 rubber, raw rubber, and mixed rubber remained stable with occasional declines, while the price of silicone oil remained stable with small fluctuations. The downstream market is cautious about future expectations, with only a few companies restocking appropriately at low prices, resulting in insufficient market trading activity. It is expected that the price of organic silicon products will remain weak and stable in the short term.
Last week, the market for gas-phase silica remained stable and improved. The price of methyl trichlorosilane has risen but the supply is becoming tight, with strong cost support; Mainstream enterprises are operating steadily, and the market supply of goods is sufficient. Last week, the trading pace of the gas-phase silica market accelerated. Downstream silicone rubber enterprises are accelerating inventory digestion, increasing demand for replenishment, and the transaction situation is relatively optimistic. It is expected that the market for gas-phase silica will continue to improve in the short term.
Last week, the price of silicon metal futures maintained a narrow range of fluctuations, while spot prices stabilized at the bottom under cost support and macroeconomic sentiment recovery. On the supply side, continuing the pace of resuming work and production after the holiday, the output has slightly increased compared to last week, with the increase mainly concentrated in Xinjiang. On the demand side, polycrystalline silicon production has decreased and inventory has been reduced, with only the urgent need to purchase metallic silicon; Organic silicon production has slightly rebounded to over 70%, but terminal recovery is slow and procurement is cautious; Aluminum alloy production has rebounded, with a focus on replenishing inventory as needed and no centralized stocking. The overall demand of the three major downstream markets is weak, providing insufficient support for the price of silicon metal, and the market lacks upward momentum. In the short term, if there is no significant improvement in demand, the market will still maintain weak stability and volatility; But if cost pressures continue to spread or there is a marginal rebound downstream, the market is expected to gradually break free from the stalemate.