July 9: The latest price of fumed silica, there is a trend of bottoming rebound!! !
Silicone Mall - Quote Express July 9: At present, the domestic fumed silica market is running steadily. After a sharp fall in the previous period, the quotation of enterprises has an upward mentality. Downstream at the current low price, some enterprises began to stock up and replenish warehouses. Recently, the shipment of fumed silica has improved compared with last week, and the inventory pressure of gas-silicon enterprises has eased. With the strong pull of bulk silicone raw materials, gas-silicon enterprises have a strong price mentality. Today, the mainstream turnover price of 150-meter fumed silica in China is maintained at 22,000-23,500 yuan/ton; the mainstream turnover of 200-meter fumed silica is mainstream. The price ranges from 23,000 to 26,000 yuan/ton (including tax price). Whether there will be a turnaround this week, we will wait and see.
Future market forecast: the recent sustained low price, gas silicon enterprise profits shrink substantially, factory low price mentality gradually, some enterprises start-up rate has been reduced, downstream demand is still relatively light, but some bottom-reading orders enter the market, which is conducive to the market to stop falling, it is expected that in the short term, gas silica will increase steadily and moderately, with a small margin. Maintain low shock.
From Silicone Mall