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SunSirs: Silica Market Is Running Smoothly
January 26 2022 14:13:40SunSirs(John)

Price trend

According to the data monitored by SunSirs, as of January 25, the average price of domestic rubber-grade silica was 6,875.00 RMB/ton. This week, the silica market is mainly running steadily, and the price of silica is stable and strong. At present, the market supply side is normal, the downstream just needs to purchase mainly, and the transaction atmosphere is general.

Analysis review

This week, the mainstream price of silica is around 6,750 RMB/ton, and the price is mainly stable. Compared with the same period last week, the price has not changed significantly. The overall market is balanced between supply and demand. The downstream mainly purchases for rigid needs, and mainly supplies contract customers. The negotiation atmosphere is flat, and the silica market is stable and strong.

The upstream hydrochloric acid market is temporarily stable, the upstream cost support is weakened, the maintenance of hydrochloric acid enterprises is increasing, the supply is reduced, the downstream demand is weakened, the downstream purchasing enthusiasm is general, and the overall market is running weakly.

Market outlook

The white carbon analyst of SunSirs believes that in the short term, the silica is mainly running smoothly, and the fluctuation range is limited.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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