Coal Tar Up Carbon Black Market

November 18, 2025, 10:06 AM
TDD-global
4128
Guide
Highlights at a glance
The Carbon Black Index stood at 5808.5 on November 17, unchanged from the previous day. Coal tar prices—the primary raw material—rose in key regions like Shandong, Shanxi, and Hebei, signaling an upward trend in the domestic high-temperature coal tar market, with expectations of further gains. Carbon black production is increasing as several plants in Shandong and Shanxi resumed operations, and heating season drives higher output; however, prolonged market losses have kept some units operating at reduced capacity. On the demand side, semi-steel tire manufacturers remain stable but face weak orders and shipment pressures, while all-steel tire producers have cut operating rates due to similar challenges. Although carbon black suppliers maintain firm quotes, downstream resistance to price hikes persists. Market participants are cautious, awaiting end-of-month negotiations before determining future pricing directions.
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