Carbon Black Market Today Update
01 Carbon Black Index
According to Tuduoduo data, the carbon black price index on July 28th 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 price of mainstream N330 carbon black products 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. Positive factors in the domestic high-temperature coal tar market are currently prevailing, and the coal tar market continues its upward trend.
2. Carbon Black Supply: Carbon black plant operators in major producing areas are seeing a slight increase in operating loads, 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 growing. 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 all-steel tire manufacturers have planned maintenance for the end of the month, and their plants are currently in the final stages of completion. This will drag down the overall capacity utilization rate of all-steel tire manufacturers. As the month approaches, foreign trade sales are relatively concentrated, while domestic sales are relatively slow. Overall shipment performance has not seen a significant improvement.
Market Forecast for April
So far, the raw material coal tar market has seen significant increases, driven by cost factors. New order prices on the market continue to rise, but downstream demand has been slow to follow through. With fewer low-priced offers, the tire market has seen few new orders, leading to a stalemate in market negotiations. The raw material market remains strong at a high level, and new order prices continue to support prices. Stability is the primary objective in the short term.
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.
