The price increase of carbon black has not come to an end

Recently, although the overall downstream demand is weak, the domestic carbon black market has been steadily rising due to the continuous upward price of raw coal tar and the tight supply

From the perspective of raw materials, coking companies have recently restricted production, and the tight supply of coal tar is still difficult to ease.

From the perspective of supply, the influence of policy factors still exists, and the operating rate of the carbon black industry remains at a low level

From the perspective of demand, the phenomenon of power curtailment has decreased, the operating rate of the main downstream tire industry has increased slightly, and the increase in foreign trade orders, some factories have moderately increased production to replenish inventory

In addition, due to the increase in raw materials, the cost of downstream tire manufacturers has increased, and the tire industry has ushered in a wave of price increases.

Regarding the trend of the carbon black market in the later period, Longzhong Information believes that the price of raw coal tar will continue to be high, and the cost side will support strong, but the start of downstream enterprises is at a low level

The carbon black analyst of the Business Society Chemical Branch said that with the steady support of the downstream tire market, the supply of carbon black is showing signs of tightening, and the demand side is also picking up moderately.