Last week, DMC prices fell slightly overall. Some individual plants restarted, and the operating rate of the industry rebounded. The quotation of a single plant in Shandong Province fell continuously first and then rebounded. As of Friday, the overall decline was 600 yuan/ton, and some individual plants followed suit; Last week, metal silicon and methyl chloride prices fell slightly, and DMC cost support weakened. The current mainstream DMC quotation is 17200-18300 yuan/ton. Last week, the price of raw materials fell steadily, and the prices of 107 rubber, raw rubber, silicone oil and rubber mix remained stable. The terminal demand is still sluggish, mainly to digest the early inventory. On the macro level, the recent three major advantages are superimposed: 1. The inflation data of the United States in October was less than expected, and the rate of interest increase of the Federal Reserve may slow down; 2. The Central Bank and the China Banking and Insurance Regulatory Commission took the initiative to introduce 16 measures to support the steady and healthy development of the real estate market; 3. The joint prevention and control mechanism of the State Council issued 20 epidemic prevention and control measures. Based on macro and micro conditions, it is expected that the price of organic silicon is expected to stop falling and stabilize in the short term.


Last week, China's fumed silica market was weak. In terms of raw materials, the price of silicon tetrachloride held steady last week; The weekly average price of methyl trichlorosilane declined slightly. Last week, the domestic gas silicon production capacity was sufficient, and some gas silicon enterprises were operating under reduced load; However, downstream demand is still relatively flat, and enterprises mostly purchase on demand. It is expected that the market of fumed silica will be dominated by weak fluctuations in the short term.


Last week, the domestic industrial silicon market turnover was light, and the silicon price fell slightly. To be specific, the supply side: the epidemic situation has been repeated all over the country, especially in the main industrial silicon production areas in Xinjiang, where the construction of factories has declined seriously due to the epidemic situation. It is inconvenient to control and transport the superimposed epidemic situation. The raw materials supply of factories in Xinjiang is tight. In addition, the dry season in the southwest is coming, the power price of factories is rising, and the follow-up energy consumption control in Yunnan is further promoted. The silicon factories are in a strong bullish mood under the expectation of significantly less output supply in the future; Demand side: The demand of polycrystalline silicon for industrial silicon continues, but the price of organic silicon and aluminum alloy continues to be low, and the factory suffers from a large loss. The relevant manufacturers maintain just in demand procurement, and the demand for industrial silicon is weak.






The monocrystalline silicon market stabilized periodically last week. In terms of supply, all companies should try to maintain high and full opening when silicon material supply is sufficient. The output in November is expected to be 35-37GW, and the increase comes from the improvement of the operating rate and the capacity climbing of enterprises, including Ningxia Central, Qinghai Jinke, Xinjiang Jinke, Inner Mongolia Shuangliang, Yunnan Yuze and other enterprises. In terms of demand, for the battery side, the mainstream battery chips are quoted at 1.35-1.37 yuan/W. At present, the battery sector is highly profitable, the first-line enterprises have a high operating rate and are active in purchasing. On the module side, the forward order transaction price is between 1.92-1.97 yuan/W. The ground photovoltaic installation project has driven the rapid growth of domestic demand, and the distributed performance is still excellent.