Today (April 21), the domestic silica spot market as a whole remained stable, and the price entered a stable consolidation stage after the early price increase, and the fundamentals of market supply and demand gradually tended to balance.

As of the latest quotation, the average ex-factory price of domestic mainstream rubber-grade precipitated silica is stable at 6067 yuan / ton, the market quotation range of Shandong and Fujian main production areas is 5100-6000 yuan / ton, and the price policy of 500 yuan / ton raised by enterprises in the early stage is fully implemented, and the market transaction is mainly long orders, and the bargaining space for loose orders is limited.

The root cause of this round of price fluctuations comes from the cost of upstream raw materials. Since the beginning of the year, geographical factors and plant maintenance have led to tight supply of sulfuric acid, prices have risen sharply, superimposed on the cost of coal and soda ash, and the cost pressure of silica manufacturers has continued to intensify. In late April, the rise of chemical raw materials slowed down, the price of sulfuric acid stabilized at a high level, the pressure on the cost side was marginally eased, and there was no new round of price adjustment plans in the market.

On the downstream demand side, the operating rate of tire manufacturing and compounding silicone rubber enterprises remained high, and the procurement of rigid demand was stable; The fields of coatings, daily chemicals, and food additives are replenished on demand, the overall procurement rhythm is stable, and the market inventory is at a reasonable low level, with no obvious backlog risk.

Industry institutions predict that the short-term silica market price will be dominated by stable consolidation, and the follow-up trend will mainly follow the fluctuation of upstream raw materials, the increase in overseas export orders and the changes in the production progress of new domestic projects.