Carbon Black Market: July 11 Snapshot
01 Carbon Black Index
According to Tuduoduo data, the carbon black price index on July 11 was 6160.75, down 31.5 from the previous trading day.
02 Carbon Black Market Price
Today's carbon black market price has been stable and downward. As of now, the mainstream product price of N330 in the carbon black market is 6,200 yuan/ton in Shandong; 6,000 yuan/ton in Shanxi; 6,200 yuan/ton in Hebei; 6,400 yuan/ton in Guangzhou, and 6,200 yuan/ton in Zhejiang.
03 Analysis of the impact of carbon black market
1. Upstream raw materials: coal tar price in Shandong is 3,350 yuan/ton; coal tar price in Shanxi is 3,300 yuan/ton; coal tar price in Hebei is 3,290 yuan/ton. Some areas of the domestic high-temperature coal tar market have shown an upward trend, but in fact, terminal demand has not recovered significantly, so this round of coal tar prices rebounded.
2. Carbon black supply: The operating load of carbon black enterprises in the main production areas fluctuated within a narrow range. There is still pressure on the shipment of carbon black market this week. In addition, the cost pressure is relatively large after the price of raw materials in the market rose.
The downstream delivery is low, the market negotiations are deadlocked, the inventory of manufacturers has increased, and some enterprises have adjusted the operating load. Some manufacturers in Shanxi and Shandong have reduced their production lines.
3. Downstream demand: It is understood that the prices of natural rubber and synthetic rubber have increased, and the cost support of tire raw materials still exists.
The price policy of enterprises has been stable. Although some enterprises have increased promotional specifications, the overall demand performance is not good at present, which has little impact on the overall market price. It is expected that the short-term market price policy will continue to be stable, and the transaction flexibility will increase.
04 Market Forecast
So far, the domestic high-temperature coal tar market has shown a mixed situation, but in fact, the terminal demand has not recovered significantly.
Therefore, the current round of coal tar price rebound has limited downstream bearing capacity, limited market upside, and temporary support from the cost side; however, the downstream tire industry has seen a decline in production and high inventory, resulting in low prices for receiving and delivering goods. In the market negotiation game, new orders have limited fluctuations and are mostly stable at low levels.
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.
