Price trend

According to the data monitored by SunSirs, as of November 23, the average price of domestic rubber-grade silica was 6,875.00 RMB/ton. The silica market is mainly operating stably, and the price of silica is stable and strong. At present, the market supply is normal, the downstream just needs to purchase mainly, and the transaction atmosphere is general.

Analysis review

This week, the mainstream price of silica was around 6,870 RMB/ton, and the price was mainly stable. Compared with the same period last week, the price did not change significantly. The overall market has a balance of supply and demand, the downstream just needs to purchase mainly, and mainly supply for contract customers. The negotiation atmosphere is flat, and the silica market is stable and strong.

As of November 22, the domestic hydrochloric acid market price increased slightly, up by 14.00 RMB/ton or 4.79% from the quotation on November 19, and down by 2.86% year-on-year Recently, the domestic hydrochloric acid market price has fluctuated slightly, and the average price is around 300 RMB/ton.

On November 22, the chemical index was 1,173 points, a decrease of 15 points from previous day, a decrease of 16.21% from the highest point in the cycle of 1,400 points (2021-10-23), and an increase of 96.15% from the lowest point of 598 points on April 8, 2020. (Note: Period refers to 2011-12-01 to present)

Market outlook

The silica analyst of SunSirs believes that in the short term, the silica will mainly operate smoothly, with a limited range of fluctuations.

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