Price trend
According to the data monitored by SunSirs, as of December 24, the average price of domestic rubber-grade premium grade silica was 4,733.33 RMB/ton, and the market was running smoothly. The downstream just needed to purchase, and the purchase was on-the-go. The overall market supply and demand balance quotation range was maintained at 4,000-5,000 RMB/ton, sales were smooth, and inventory was sufficient.
Analysis review
The domestic rubber-grade silica market is trending steadily, the demand has not increased significantly, the purchasing atmosphere is flat, mostly contract customers, the number of new orders is limited, the negotiation atmosphere is general, the downstream just needs to purchase mainly, the merchants are cautious in taking the goods, and the sales is slow. As of the 24th, the price of rubber-grade silica from Changtai Micronano Factory in Shouguang City, Shandong Province was 5,300 RMB/ton, the price of rubber-grade silica from Shandong Lihua New Materials Co., Ltd. was 4,700 RMB/ton, and the price of rubber-grade silica from Boai County Xiangsheng Silicon Powder Co., Ltd. was 4,200 RMB/ton.
The upstream hydrochloric acid market manufacturers' quotations are temporarily stable, the supply side is normal, the purchasing enthusiasm is average, and the market maintains a stable trend. The quotations are mostly stable, and the trading atmosphere maintains the previous level. In the short term, the hydrochloric acid market will mainly operate stably.
On December 23, the chemical index was 858 points, a decrease of 1 point from previous day, a decrease of 15.55% from the highest point in the cycle of 1016 points (2012-03-13), and an increase of 43.48% from the lowest point of 598 points on April 8, 2020. (Note: Period refers to 2011-12-01 till now)
Market outlook
The silica analyst of SunSirs believes that the silica market maintains a stable operation in the short term, and the price fluctuation range is limited.
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