Price trend

According to the data monitored by SunSirs, as of November 30, the average price of domestic rubber grade superior silica was 5,750.00 RMB/ton. In November, silica was the mainly upward in the overall market, with a price increase of 2.68% compared with the same period last month. As of the 30th, the downstream just needed to purchase mainly, and the mainstream price was about 6,000 RMB/ton.

Analysis review

In the first ten days of November, as of November 7, the silica market was mainly stable, the price was relatively strong, with an increase of 0.89%, the shipment was slow, and the overall market was mainly stable. The latest quotation of silica of the enterprise: Jinan Jinrihe Chemical Co., Ltd. 5,800 RMB/ton, Shandong Longhui Chemical Co., Ltd. 7,000 RMB/ton, Jinan Century Lianxing Economic and Trade Co., Ltd. 6,000 RMB/ton. In the middle and last ten days of November, as of November 22, the average price of domestic rubber grade silica was 5,750.00 RMB/ton, rising slightly, 1.77% higher than that at the beginning of the month. The purchasing atmosphere was general, and the quotations of mainstream manufacturers had not changed much, and operated stronger in a narrow range.

Chemical commodity index: On November 29, the chemical index was 936 points, down 4 points from the previous day, down 33.14% from the cycle's highest point of 1,400 points (2021-10-23), and up 56.52% from the lowest point of 598 points on April 8, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

Market outlook

According to the silica analysts of SunSirs, the silica market is expected to be stable and stronger in December

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