Carbon Black Daily Report: Market Consolidation
01 Carbon Black Index
According to data from TuDuoDuo, the carbon black price index was 7459 on August 3rd, an increase of 77.5 from the previous trading day.
02 Carbon Black Market Price
03 Analysis of the Impact on the Carbon Black Market
1. Upstream Raw Materials: Coal tar prices in Shandong were 4100 yuan/ton; in Shanxi, 4310 yuan/ton; and in Hebei, 4180 yuan/ton. The tight supply and demand situation in the domestic high-temperature coal tar market continued, thus maintaining an upward trend. However, the upward pressure continued to increase, and the room for further increases will significantly narrow.
2. Carbon Black Supply: The operating rate of sample enterprises in the domestic carbon black market declined and consolidated. During the period, a plant in Shanxi underwent maintenance, and a plant in Shandong had planned maintenance. Other major plants operated normally, resulting in a decline in the market operating rate.
3. Downstream Demand: It is understood that enterprises are currently carrying out maintenance and resumption of production simultaneously, with some enterprises staggering production. The overall operating rate fluctuated slightly, and overall, the plants continued to operate at low levels. Regarding inventory, although there has been some concentrated shipment recently, the overall destocking effect has been limited.
04 Market Outlook
As of now, the tight supply and demand situation in the coal tar market continues, with market prices maintaining an upward trend. Cost support remains, but downstream resistance is high, resulting in a decrease in actual transaction volume. Transactions are mainly small, scattered orders, and new order negotiations face significant pressure. However, with subsequent cost support, the carbon black market is expected to maintain firm pricing for new orders.
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.
