Price trend

According to the data monitored by SunSirs, the domestic carbon black was quoted at 12,200 RMB/ton on December 16. The carbon black market was running smoothly, with little change in the market.

Analysis review

Cost: The price of high-temperature coal tar as raw material was high this week, and the price in some regions was temporarily stable. The price in Shanxi and Northeast China dropped by about 100 RMB/ton. Coke enterprises were not enthusiastic to start construction, and the supply of goods on the site continued to be tight. In the short term, it is expected that domestic coal tar will be mainly settled, with limited downward space, supporting the carbon black market price, and carbon black enterprises will operate under pressure.

Supply and demand: As of the 16th, the operating rate of most enterprises had not changed much. However, in the short term, logistics and transportation resistance still existed in some regions, and the overall operation might continue to decline. Affected by weak demand, the shipment of some carbon black manufacturers slowed down, and the carbon black inventory increased.

As for the downstream tire enterprises, as of the 16th, the operating rate of the tire market was relatively stable, but the downstream sales were average, there was no significant improvement, the inventory was sufficient, the purchasing enthusiasm was not high, the overall trading atmosphere of the market was light, and new orders were limited.

Market outlook

In a word, the price of raw material high-temperature coal tar remains high as a whole, which supports the price of carbon black. There is no obvious benefit in the downstream. It is expected that the price of carbon black market will still be stalemated at a high position in the short term. In the future, attention should be paid to the raw material and downstream market dynamics.

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