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SunSirs: Rubber Grade Silica Runs Smoothly

September 16 2020 15:18:23     SunSirs (John)

Price trend

According to the data monitoring of SunSirs, as of September 15th, the average price of domestic rubber-grade premium silica was 4,633.33 RMB/ton. The silica market is just in need of purchase, and the price has not changed much, and the overall operation is stable.

Analysis review   

The domestic rubber-grade silica market as a whole maintains stable operation. The focus of negotiation is stable, the inventory consumption is slow, the trading atmosphere is average, and the demand has not improved significantly. The downstream just needs to purchase mainly, and the merchants are cautious in taking the goods. At present, the price of fumed silica is about 22,000 RMB/ton. The domestic supply and demand for fumed silica is balanced, and sales are slow. The price of silica from Changtai Micronano factory in Shouguang City, Shandong Province is 5,100 RMB/ton, the price of silica from Shandong Lihua New Material Co., Ltd. is 4,600 RMB/ton, and the price of silica from Xiangsheng Silicon Fume Co., Ltd. in Boai County is 4,000 RMB/ton.

The upstream hydrochloric acid market is trending steadily, and the overall operation is stable. Downstream demand is stable, sales are normal, and inventory is average.

The chemical index on September 14 was 717 points, an increase of 4 points from previous day, a decrease of 29.43% from the highest point in the cycle of 1,016 points (2012-03-13), and an increase of 19.90% 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 will continue to operate stably in the short term, and the price will not change much.

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

 

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