According to the data monitored by the business community, the domestic carbon black price was 11750 yuan/ton on October 21. At present, the carbon black market price is relatively strong, and it is temporarily stabilized, resulting in deadlock in trading and investment.

Cost: The tight supply of raw coal tar market has intensified, and the price continues to be high and shows an upward trend. In the short term, the tight price of coal tar is hard to change, the profitability of the coal tar deep processing industry has declined, and the cost pressure of carbon black is still in place. Supply and demand: Affected by the high level of raw coal tar, the carbon black market is losing more and more money. The carbon black production enterprises are not profitable. Under the high cost, the carbon black enterprises are not enthusiastic to start construction. In addition, the carbon black enterprises in some regions are limited to start construction, so the overall construction is likely to decline.

In terms of downstream tire enterprises, there is no obvious improvement at present. Duowei holds the purchase on demand, and new orders are limited. The operating rate of the domestic tire industry is relatively low, and there is a certain resistance to high carbon black. Under the dual pressure of the cost side and the domestic demand side, the order demand of some enterprises has increased, but the profit has declined year-on-year. The actual demand for production has decreased. Affected by this, the principle of selecting low carbon black raw materials and purchasing according to needs is still implemented, and the market transaction is slightly cold.

To sum up, at present, the carbon black market price cost is driving the high level operation, and there is a strong wait-and-see mood in the market, which is likely to rise. It is expected that the carbon black market price will operate at a high level, and in the later stage, it is necessary to pay attention to the enterprise commencement and downstream market dynamics.