Price trend

According to the data monitored by SunSirs, the domestic carbon black quotation was 11,700 RMB/ton on March 13, and the domestic carbon black market price fluctuated to be weaker this week.

Analysis review

Cost side: the overall operation of domestic high-temperature coal tar market was weak this week, and the operation of downstream deep processing and carbon black enterprises was still at a loss, and the market transaction atmosphere was light; Due to the weak terminal demand, the downstream market continues to hold down prices, and the market had a lot of negative sentiment. As of the 13th, the mainstream price of high-temperature coal tar in the market was 5,320 RMB/ton, and it is expected that the coal tar market will continue to decline slightly in the short term.

Supply and demand side: As of the 13th, the operating rate of carbon black enterprises had declined, and some plants and devices had been overhauled, and the market supply in the later stage might decrease again. Mainly affected by the weak price of raw materials, most downstream enterprises were pessimistic about the aftermarket of carbon black, and the supply and demand of carbon black market were weak.

In terms of downstream tire enterprises, the overall operating rate had increased, and the demand of downstream tire and rubber industries had remained stable. However, there was still resistance to the current carbon black price. The purchase was just in needed, and the market trading atmosphere was general.

Market outlook

In general, the price of high-temperature coal tar as raw material declined, the support for the price of carbon black weakened, and the demand of downstream tire enterprises remained stable. It is comprehensively estimated that the carbon black market will be stable and weaker in the short term.

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