Carbon Black Daily: No Rise, No Fall, Mainly "Lying Flat"
Carbon Black Daily: No Rise, No Fall, Mainly "Lying Flat"
01 Carbon Black Index
According to Tuoduduo data calculations, the carbon black price index on August 7 was 7459, remaining stable compared to the previous trading day.
02 Carbon Black Market Price
03 Carbon Black Market Impact Analysis
1. Upstream raw materials: Coal tar prices were RMB 4,270/ton in Shandong, RMB 4,420/ton in Shanxi, and RMB 4,310/ton in Hebei. The domestic high-temperature coal tar market continued its upward trend, with significant upward pressure on market prices under the support of rigid demand.
2. Carbon black supply: The operating rate of sample enterprises in the domestic carbon black market rose narrowly. A plant in Shanxi was under maintenance, some large manufacturers increased their operating loads, and some East China manufacturers adjusted their operating rates based on order conditions. Overall, operating rates within the region showed a narrow increase, but the magnitude was limited.
3. Downstream demand: According to reports, affected by persistent high temperatures, individual tire enterprises halted production or reduced output, suppressing the recovery of industry operating rates. Meanwhile, a batch of factories that had completed equipment maintenance were gradually resuming production. The industry as a whole continued its production control strategy, and finished product inventories at enterprises with longer shutdown cycles were slightly digested. Factory shipments at the beginning of the month were generally weak overall. In the short term, continued attention is needed to subsequent price adjustments and promotional policy changes across enterprises.
04 Market Outlook
As of now, against the backdrop of decreasing supply and increasing demand, the coal tar market on the raw material side continues its upward trend, and cost-side support remains in place. Carbon black has also shown a tendency to follow the upward trend. However, the terminal market shows significant resistance to high prices, negotiation atmosphere is deadlocked, actual transactions are limited, and the risk of high positions in the market is rising. New orders are expected to maintain a flat and stable trend.
