Carbon Black Market: Price & Trend
01 Carbon Black Index
According to Tuduoduo data, the carbon black price index on July 29th was 6279.75, stable compared to the previous trading day.
02 Carbon Black Market Price
Today's carbon black market price remained stable. As of now, the mainstream carbon black product N330 price is 6,350 yuan/ton in Shandong; 5,900 yuan/ton in Shanxi; 6,450 yuan/ton in Hebei; 6,600 yuan/ton in Guangzhou; and 6,300 yuan/ton in Zhejiang.
03 Carbon Black Market Impact Analysis
1. Upstream Raw Materials: Coal tar prices in Shandong are 3,450 yuan/ton; in Shanxi, 3,580 yuan/ton; and in Hebei, 3,460 yuan/ton. The domestic high-temperature coal tar market remains largely on the sidelines, with limited new orders being auctioned on the market.
2. Carbon Black Supply: Carbon black plant operating rates in major producing areas have increased slightly, pushing up carbon black market prices. Previously low-priced orders are being delivered, and with rising raw material prices, expectations of future price increases are also high. This has increased manufacturers' enthusiasm for production, with some in Hebei and Shanxi provinces increasing their loads. This has boosted the overall market operating rate.
3. Downstream Demand: It is understood that some companies scheduled for month-end maintenance have already entered their maintenance period, while others are in the final stages of completion. This will have a certain drag on the overall operating rate. Overall production schedules are expected to remain relatively low at the end of the month, and overall inventory reduction by companies will remain relatively slow.
04 Market Forecast
As of now, upstream coking companies remain strongly willing to support price increases. Driven by favorable factors, coal tar prices are expected to continue their upward trend in the near term, with cost support remaining. Downstream tire manufacturers are resistant to the market.
In the midst of upstream and downstream negotiations, cost factors are driving the market. New order quotations still have expectations of price increases, while actual order price increases remain under discussion.
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.
