Carbon Black Market Analysis(March 21, 2025)

1. Carbon black market price analysis

This week, domestic carbon black prices showed a downward trend. As of this Thursday, 7400-7600 yuan/ton in Shandong; Shanxi, 7100-7300 yuan/ton; 7500-7700 yuan/ton in Hebei; 7500-7700 yuan/ton in Guangzhou, 7400-7600 yuan/ton in Zhejiang, prices in various regions fell to varying degrees, and the decline range was 300-400 yuan/ton. The decline in raw materials continues to have a negative impact on carbon black trading, and the price of new carbon black orders also continues to fall, and after the recent decline in the raw material market, there is a willingness to raise prices in the later stage, and there is also a demand for receiving goods after the decline in inventory in the downstream tire market.

2. Carbon black market index analysis

According to TDD, as of March 20, the carbon black price index was 7459, down 322.5 from last week.

3. Forecast of carbon black market outlook

It is expected that the price decline in the raw material market will gradually narrow next week, and it is in the bottoming stage, which also has some support for the market, and the downstream tire market has increased the number of new orders, so the carbon black market will continue to decline and the space will narrow, but the rebound momentum is limited, and the low level will be maintained and adjusted.