Carbon Black Market Report: Supply-Demand
01 Carbon Black Index
According to data from TuDuoDuo, the carbon black price index was 6057.5 on January 6th, remaining stable compared to the previous trading day.
02 Carbon Black Market Price
03 Analysis of Factors Affecting the Carbon Black Market
1. Upstream Raw Materials: Coal tar prices in Shandong were 3550 yuan/ton; in Shanxi, 3400 yuan/ton; and in Hebei, 3500 yuan/ton. The domestic high-temperature coal tar market is currently quiet and in a wait-and-see mode. Favorable factors continue to dominate the market, maintaining a slightly upward trend.
2. Carbon Black Supply: Carbon black plant operating rates are fluctuating within a narrow range. Large plants in Shandong and Shanxi are operating at higher rates due to heating and gas supply tasks, while some smaller plants are reducing operations to offset losses. Southern regions are maintaining low operating rates for an extended period. Overall, the operating rate of carbon black plants is fluctuating within a narrow range.
3. Downstream Demand: During the New Year's Day holiday, most companies that underwent maintenance resumed production as planned, and plant production is in the recovery phase, gradually returning to normal levels in the coming days. However, some companies are still under maintenance, resulting in slow overall shipments and sluggish inventory reduction of finished products.
04. Market Outlook
Currently, after the rise in raw material prices, new orders in the carbon black market have increased significantly, but actual transaction volume is generally low. Downstream operators are resistant to high prices, and the tire market has limited capacity to accept further price increases after new orders are signed.
Most transactions are small, scattered deals, and there is significant pressure in negotiations. The carbon black market is expected to maintain firm prices.
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