Chlorosilanes Price Trend and Forecast

Chlorosilanes Regional Price Overview

Get the latest insights on price movement and trend analysis of Chlorosilanes in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Chlorosilanes Price Trend for the Second Half of 2023

Chlorosilanes are a crucial intermediate in silicone production as they enable the synthesis of various silicone polymers and resins, widely used in construction, automotive, electronics, and healthcare sectors. Their reactive nature facilitates the modification of surfaces, enhancing properties like water repellency and thermal resistance. Additionally, chlorosilanes serve as precursors in semiconductor fabrication, essential for producing high-performance electronic devices.
 

Chlorosilanes Price Chart

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Throughout the third and fourth quarters of 2023, the market for chlorosilanes witnessed several challenges, and thus, the prices fluctuated continuously in this period. During the initial months of these two quarters, the availability of the product and its feedstock chemicals was limited around the globe while the demand for chlorosilanes increased gradually.

This helped the price graph to inch towards the north side but as the quarters progressed, the manufacturing rates caught up with the procurement rates of the downstream automotive and construction industries. In addition to this, these industries also experienced a slowdown due to the slow growth rate of the global economy, resulting in the downward trend of chlorosilane prices.

Analyst Insight

According to Procurement Resource, the price trend of Chlorosilane is estimated to be driven primarily by the downstream automotive industries. In view of new regulations, Asian industries are expected to bloom, but the impending trade challenges might alter the trajectory of chlorosilane prices.
 

Chlorosilanes Price Trend for the First Half of 2023

Chlorosilanes are silicon products that are majorly consumed in the automotive, aerospace, and glass industries and in the production of silicon polymers. Made from the feedstock metal silicon and methyl chloride, the price trend of Chlorosilanes mimic any price fluctuations seen in their market.

Chlorosilanes started the year 2023 with high inventory levels as the unused stocks had been lying in the inventories amidst the low industrial usage in the year 2022, given the Chinese lockdowns and the Russia-Ukraine conflict. Since the inventories were already high and even with a gradual increase in global demands, the dichlorosilane prices were observed to be wavering at the lower end throughout the said period. Further, the suppliers offered discounted rates in hopes of positive product movements. General market sentiments were observed to be dull.

Analyst Insight

According to Procurement Resource, Chlorosilanes prices will continue fluctuating given the current stock levels and bearish demands.
 

Chlorosilanes Price Trend for the Second Half of 2022

Chlorosilanes' price trend tends to follow the trend of Silicon and Methyl chloride, its feedstock materials.  The prices of silicon and methyl chloride showed a downward trend during the Q3 of 2022 for the North American market. Excess imports accelerated the surplus amounts of silicon in the inventories, thus high supplies pushed the market down. However, the market resumed some pace as Q4 approached, demands went up and the dipping curve flattened and remained somewhat stagnant for the latter half of 2022.

In the Asian market, both silicon and methyl chloride prices took a dip, pertaining to a decrease in upstreaming costs and full inventories. By the latter second half, the market stabilized a little bit as covid restrictions in China relaxed further and some rise in demand was also observed. But mostly the surplus supplies kept the market afloat.

European markets too felt the same misery of high stocks and low demand for silicon and methyl dichloride. However, as the energy crisis worsened silicon metal picked up a little pace but other than that for both silicon and methyl chloride the price trend remained hopeless, thereby negatively affecting Chlorosilanes prices.

Analyst insight

According to Procurement Resource, chlorosilane prices are expected to remain on the lower end given the current market dynamics. The sufficient inventories, lowered upstream cost pressure and volatile offtakes will heavily affect the concerned price trend.
 

Chlorosilanes Price Trend For the First Half of 2022

The prices of feedstock silicon and methyl chloride closely govern the price trend for chlorosilanes. The continuing Russia-Ukraine conflict, along with the western retaliatory sanctions against the Russian and Belarusian exports, created a massive void in the market with repercussions felt worldwide.

In the Asian market, the prices of silicon and methyl chloride surged owing to supply constraints, high freight charges and trade restrictions. Silicon traders hoarded the metal rather than selling it at lower prices, causing prices to inflate. The silicon prices averaged 3208 Ex-Shanghai in China. However, the prices of silicon and methyl chloride relaxed towards the second quarter due to the renewed production by the domestic industries after the removal of covid restrictions.

The price of feedstock methyl chloride averaged 4307 RMB/MT. Similar price trend were recorded in the European and US domestic market. The feedstock prices surged during the first quarter due to the supply constraints; however, the prices plateaued and stabilized towards the end of the second quarter as the upstream costs relaxed amid the looming speculations of a global recession.

Nonetheless, the prices of chlorosilanes like trimethylchlorosilane and dimethyldichlorosilane are likely to witness healthy growth in the coming years owing to the increased efforts of silicon manufacturers to use different types of chlorosilanes for manufacturing solar-grade silicon. The solar industry's rapid growth will augment the chlorosilane market revenue for solar-grade silicone.

Procurement Resource provides latest prices of Chlorosilanes. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.