Carbon black: New orders show weakness
01 Carbon Black Index
According to data from TuDuoDuo, the carbon black price index was 7438 on July 10th, a decrease of 191.5 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 4160 yuan/ton; in Shanxi, 4260 yuan/ton; and in Hebei, 4150 yuan/ton. The domestic high-temperature coal tar market showed a downward trend, with increasing negative factors in the market. Downstream factories' purchasing intentions declined significantly, and the coal tar market entered a downward channel in the short term.
2. Carbon Black Supply: The operating rate of sample enterprises in the domestic carbon black market declined. Some enterprises in Shandong and Shanxi reduced their operating rates, a large factory in East China was still under maintenance, and some enterprises adjusted their production lines. Raw material prices were high, and the market's enthusiasm for operation decreased.
3. Downstream Demand: It is understood that tire manufacturers' supply performance varies. Leading companies are operating at a relatively good capacity, while some are experiencing production cuts due to reduced orders. Most companies in Shandong are controlling production. Since early July, companies have been taking turns conducting maintenance based on their own circumstances, dragging down the overall supply. Recently, export shipments have been acceptable, but domestic sales are under pressure.
04. Market Outlook
As of now, new order bidding prices for raw material coal tar have rationally declined, indicating a negative impact on costs. The market is clearly waiting for prices to fall further, downstream procurement is cautious, and actual transaction volume is low. New order negotiations are weak, and the spot price trend is clearly weakening.
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.
