SunSirs: The Silica Market Ran Smoothly (January 1-6)
January 11 2023 10:46:43 SunSirs (John)
Price trend
According to the data monitored by SunSirs, as of January 6, the average price of domestic rubber grade superior silica was 5,750.00 RMB/ton. The silica was mainly stable, and the price fluctuation was not obvious compared with the same period last week. The overall market was mainly stable, and the mainstream price was about 6,000 RMB/ton.
Analysis review
This week, the silica market mainly operated smoothly, with no obvious price fluctuation. The mainstream price was about 6,000 RMB/ton, which was mainly supplied to contract customers. Downstream purchased just in needed mainly. As of the 6th, the supply side was normal. The latest quotation of silica: Jinan Jinrihe Chemical Co., Ltd. 5,800 RMB/ton, Jinan Century Lianxing Economic and Trade Co., Ltd. 6,000 RMB/ton, Shandong Longhui Chemical Co., Ltd. 7,000 RMB/ton.
Chemical index: On January 5, the chemical index was 911 points, down 4 points from the precious day, down 34.93% from the cycle's highest point of 1,400 points (2021-10-23), and up 52.34% 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
The silica analyst of SunSirs believes that the rubber grade silica market will mainly operate stably in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
- 2024-05-11 SunSirs: The Silica Market Was Operating Steadily This Week (May 3-10)
- 2024-05-06 SunSirs: The silica market was mainly stable in April
- 2024-04-23 SunSirs: The Silica Market Had Been Operating Steadily This Week (April 12-19)
- 2024-04-17 SunSirs: The Market for Silica Was Operating Steadily with a Stronger Bias (April 8-15)
- 2024-03-29 SunSirs: The Silica Market Was Weak in March
