Carbon Black Daily: Continuous Decline — When Will Prices Stop Falling?(Oct 8)

Carbon Black Daily: Continuous Decline — When Will Prices Stop Falling?

According to data from Tuduoduo, the carbon black price index on October 8 stood at 9,649, down 422.5 from the previous trading day.

Carbon Black Market Prices

Carbon Black Market Impact Analysis

1. Upstream Raw Materials: Coal tar prices in Shandong region stood at RMB 5,500/ton; in Shanxi region at RMB 5,300/ton; and in Hebei region at RMB 5,510/ton. The domestic high-temperature coal tar market is temporarily in a wait-and-see mode. Downstream deep processing has entered the maintenance season, reducing essential demand for coal tar, and the market is temporarily consolidating with a cautious outlook.

2. Carbon Black Supply: Operating rates at sample enterprises in the domestic carbon black market have declined. New contract prices for raw material coal tar are trending downward, and previously high raw material prices led to low inventory levels. Downstream tire enterprises have reduced procurement volumes, dampening market operating enthusiasm. During this period, a manufacturer in Shandong underwent maintenance, and a major North China plant reduced operating loads, leading to a decline in carbon black market operating data.

3. Downstream Demand: During the National Day holiday, the scope of enterprises conducting maintenance shutdowns further expanded. Some enterprises planned to resume production around October 5, and operating rates continued to decline during the holiday period. This week, enterprises are gradually resuming production, and operating rates are expected to recover gradually. However, high raw material costs will pressure margins, and short-term operating loads may not return to normal levels.

Market Summary

Pre-holiday, the carbon black market was under downward pressure, with new contract negotiation prices declining, mainly dragged by the broad decline in raw material coal tar, as the cost side continued to release bearish signals. Entering the post-holiday period, the decline in coal tar is gradually narrowing, and the pace of decline on the cost side is slowing. However, with insufficient essential downstream demand and weak bullish support, the raw material side's floor-support role for carbon black remains limited. On the demand side, marginal improvement has emerged, as downstream tire enterprises' operating rates have increased and procurement demand has risen somewhat, providing a certain boost to the market.

Our platform connects hundreds of verified Chinese chemical suppliers with buyers worldwide, promoting transparent transactions, better business opportunities, and high-value partnerships. Whether you are looking for bulk commodities, specialty chemicals, or customized procurement services, TDD-Global is trustworthy to be your fist choice.