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SunSirs: Costs Are High, Carbon Black Prices Will Remain High after the Holiday
May 07 2022 15:33:22SunSirs(John)

Price trend

According to the data monitored by SunSirs, the domestic carbon black price was 10,325 RMB/ton on May 6.

Analysis review

After the holiday, the supply of coal tar in the market was still tight, the overall demand for coal tar was relatively strong, and the overall performance of coal tar fluctuated at a high level. Affected by the intensified imbalance of regional supply and demand, the auction price of new orders in the Shanxi market skyrocketed. Under the influence of the double pressure of carbon black and raw coal tar transportation, the comprehensive cost of carbon black enterprises continues to rise, and the price has generally increased recently.

Market outlook

Under the current high cost of carbon black in China, it is expected that the overall price of carbon black will remain high.

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