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Home - News - The Silica Market Ran Smoothly (January 1-6)

The Silica Market Ran Smoothly (January 1-6)

January 12, 2023

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.