According to data monitored by Business Society, the price of carbon black remained stable and upward this week. As of the 8th, the domestic N220 carbon black market price was 10300 yuan/ton.
In terms of raw materials, the market price of coal tar has risen this week. As of the 7th, the price of coal tar was 4925 yuan/ton. After the Spring Festival, the third round of price reduction for coke has landed, and the profitability of coke enterprises is about to lose, leading to a decline in their operating rate. The supply of coal tar in the field is tight, and downstream enterprise raw material inventory is rapidly digesting. The enthusiasm for purchasing coal tar has greatly increased, and the operating load of coke enterprises continues to decrease. The supply of coal tar in the field is relatively tight, and prices have risen. At present, the terminal demand for high-temperature coal tar is still acceptable, providing strong support for the cost of carbon black.
Construction status: Most carbon black enterprises have maintained a high level of construction this week.
In terms of terminals: The tire industry has abundant domestic and foreign sales orders, significantly increased production, and improved shipments. The current market inquiry enthusiasm has significantly increased, and the demand for raw material carbon black is still acceptable.
In the future, the rising prices of high-temperature coal tar in the market will strengthen the support for the cost of carbon black; The downstream tire industry has seen a significant increase in inquiries for entry into the market, and merchants have a good purchasing mentality. It is expected that the carbon black market will operate steadily, moderately, and strongly in the short term.
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