SunSirs: The Price of Carbon Black Fell Slightly This Week (January 9-13)
January 16 2023 10:22:24 SunSirs (John)
Price trend
According to the data monitored by SunSirs, the domestic carbon black price was 11,950 RMB/ton on January 13, and the domestic carbon black market price declined slightly this week.
Analysis review
Cost side: the price of raw material high-temperature coal tar continued to decline this week, and the cost-side support of carbon black enterprises weakened. The enthusiasm of coke enterprises to start construction had improved, and the downstream deep processing enterprises and carbon black enterprises, operating under pressure, had a strong sentiment to force the price of coal tar down. In the absence of obvious benefits, the price of coal tar had been corrected.
Supply and demand: As the Lunar New Year approaches, the number of enterprises that stopped production and repaired was increasing, the stock of enterprises was nearing the end, and the operating rate was declining. It is expected that the overall operating rate will continue to decline.
In terms of downstream tire enterprises, the start of construction was insufficient, the new orders were limited, and mainly digested the inventory in the short term, and the purchasing enthusiasm was general.
Market outlook
In general, the price of high temperature coal tar as raw material has declined, but there is no obvious benefit in the downstream. It is expected that the price of carbon black market will be adjusted in the short term. In the later stage, it is also necessary to pay attention to the dynamics of raw material and downstream market.
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