Price trend

According to the analysis system of the commodity market of SunSirs, as of April 27th, the average price of high-quality rubber grade silica in China was 6,025.00 RMB/ton. In April, the overall market for silica remained stable, with the mainstream price around 6,000 RMB/ton.

Analysis review

The silica market in April was mainly stable, and the overall price trend was stable. The prices of manufacturers were stable, and the mainstream price was 6000 RMB/ton. Downstream procurement was mainly on demand, and the focus of negotiations was average. The latest quotation from the enterprise: Jinan Jinrihe Chemical Co., Ltd. 5,800 RMB/ton, Jinan Xinhou Trading Co., Ltd. 5,800 RMB/ton, Shandong Botao Group Co., Ltd. 5,300 RMB/ton.

Chemical Commodity Index: On April 26, the chemical index stood at 903 points, a decrease of 1 point from previous day, a decrease of 35.50% from the highest point in the cycle of 1,400 points (2021-10-23), and a 51.00% increase from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

Market outlook

Analysts from SunSirs believe that the silica market is expected to be stable mainly.

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