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SunSirs: Demand Picked Up in March and Carbon Black Prices Continued to Rise
April 06 2022 09:04:33()

According to the data monitored by the SunSirs, the domestic carbon black quotation was 9750 RMB/ton on March 31.

In terms of cost, this month, the price of domestic high-temperature coal tar was consolidated, with both ups and downs, and the overall price was high. Despite the recent poor operation of downstream products and the large losses of deep processing and carbon black plants, the start-up increased slowly, the demand for coal coke oil was still strong, coupled with the fact that coke enterprises were still limiting production to a certain extent, the market inventory was low, and the willingness of downstream factories to replenish storage was relatively strong, Therefore, the tight supply and demand pattern of coal tar market is significant. As one of the main downstream of coal tar, carbon black has no choice but to accept the increase, but the loss situation intensifies and the cost pressure of carbon black enterprises is high.

Demand: at the end of March, the overall operating load of domestic tire enterprises continued to be high, and the demand for carbon black in the tire market was relatively strong. In other rubber products and plastic masterbatch industries, affected by the high cost of raw materials, enterprises have general purchasing enthusiasm. With the gradual consumption of raw material inventory, the demand for carbon black procurement has increased, and the market price of carbon black has increased one after another in two weeks. The international crude oil price has remained high, and the production cost of foreign carbon black enterprises has soared. In this case, the number of carbon black export orders has increased significantly. According to the feedback of carbon black manufacturers, the supply of carbon black in the domestic and foreign markets is expected to rise sharply in April, which will have a great impact on the double orders of carbon black.

At present, the inventory digestion of carbon black factory is obvious, the logistics and transportation cost increases significantly, and the delivery of carbon black factory is slow, and the customers who order slowly in the early stage are more passive. It is expected that this situation will be difficult to alleviate in the short term. It has seriously affected the commencement and shipment speed of carbon black plant, and the future market trend is still uncertain. Business analysts believe that more attention should be paid to the overall market commencement and logistics transportation.

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