Price trend
According to the data monitored by SunSirs, the domestic carbon black price was 9,875 RMB/ton on July 13.
Analysis review
On the cost side, the price of coal tar continued to push up, the supply of high-temperature coal tar on the raw material side was still tight, and the cost of carbon black enterprises continued to rise.
On the demand side, downstream tire companies in the domestic carbon black market were operating at low load, and the domestic tire demand market continued to be weak. With the successive implementation of a series of macro-control policies such as the country's economic recovery, stimulation of automobile consumption, and guarantee of logistics, market players generally have positive expectations for the future.
Market outlook
On the whole, the current domestic carbon black enterprises' enthusiasm for starting construction has declined significantly. Affected by cost support and the production reduction of some enterprises, carbon black prices are relatively strong.