The carbon black market trend on 17,October in China

Analysis of the carbon black

17,October, the overall price fluctuation of the domestic carbon black market is small. In terms of cost, coke enterprises in some regions have made great efforts to limit production, and the market supply of raw coal tar is tight. In the short term, the market price will remain tight and the price will rise, while the cost pressure of carbon black enterprises remains. In terms of supply: affected by public health events, enterprises in some regions are limited to start construction. In addition, the high price of raw materials makes carbon black enterprises less motivated to start construction, and the overall operation of carbon black enterprises remains low load. Demand: the demand of downstream terminal tire enterprises is still weak, and the overall trading and investment in the market is deadlocked. At present, due to the high price of raw materials and the surge in transportation costs caused by the epidemic prevention and control requirements, the cost of carbon black production is rising constantly. Cabot has raised the price of special carbon black produced in China.

Carbon black index analysis
According to Tu Duoduo's data, the carbon black price index on October 17 was 11097, unchanged from the previous working day, up 0%.

Carbon black market forecast
In the short term, the market price of high temperature coal tar as raw material is high, the cost side support of carbon black enterprises is strong, there is a strong wait-and-see mood in the market, and some operators have an obvious bullish mentality. However, the downstream tire enterprises have a strong resistance to high price carbon black, and the procurement of multi-dimensional firm demand. The overall market transaction atmosphere is general. On the whole, the cost side of carbon black enterprises has been significantly boosted. However, the weak downstream demand has dragged down the carbon black market. It is expected that the carbon black market price will temporarily stabilize in the short term. In the later stage, attention should be paid to the raw materials and downstream market dynamics.