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SunSirs: Domestic Rubber-grade Silica Runs Smoothly and the Supply Side Is Normal

December 11 2020 13:09:04     SunSirs (John)

Price trend

According to the data monitored by SunSirs, as of December 10, the average price of domestic rubber-grade premium grade silica was 4,733.33 RMB/ton. The market was running smoothly, and the downstream just needed to purchase, and the price was slightly lowered. The overall supply and demand of the market was balanced, showing weakness operation, the procurement atmosphere was flat, mostly contract customers, the quotation range was maintained between 4,000-5,000 RMB/ton, the sales was smooth, and the inventory was sufficient.

Analysis review

The domestic rubber-grade silica market is trending steadily. At present, the negotiation atmosphere is not good and the demand is not good. As of the 10th, Changtai Micro-Nano Plant in Shouguang City, Shandong Province was 5,300 RMB/ton, Shandong Lihua New Material Co., Ltd. was 4,700 RMB/ton, and Boai County Xiangsheng Silicon Fume Co., Ltd. was 4,200 RMB/ton.

The upstream hydrochloric acid market manufacturers' quotations are temporarily stable, the supply side is normal, the purchasing enthusiasm is average, and the market maintains a stable trend. The quotations are mostly stable, and the trading atmosphere maintains the previous level. In the short term, the hydrochloric acid market will mainly operate stably.

On December 9, the chemical index was 854 points, an increase of 1 point from previous day, a decrease of 15.94% from the highest point in the cycle of 1016 points (2012-03-13), and an increase of 42.81% 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 maintains a stable operation in the short term, and the price fluctuation range is limited.

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