According to data monitored by Business Society, the price of carbon black has remained stable this week. As of now, the domestic N220 carbon black market price is 9700 yuan/ton

In terms of raw materials, this week, under the influence of rainy and snowy weather, the supply of coal tar has been slightly tight, and the market price of coal tar has fluctuated and increased. According to the price display of Business Society, as of the 17th, the market price of coal tar was 4417 yuan/ton, with a slight increase of 1.98% this week, which has strengthened the support for the cost of carbon black. The tight supply side has led to a slight increase in market prices for coal tar in the main production areas of Shandong and Shanxi. However, the main downstream products coal tar and carbon black are still declining in price due to poor terminal demand, and there are currently no eye-catching products in the downstream industry. Therefore, coal tar will only be purchased on demand, and the increase in coal tar prices in the future is limited. It is expected that coal tar prices will operate weakly and steadily in the short term.

Supply and demand side: In November, some carbon black enterprises stopped production for maintenance to alleviate inventory pressure, dragging down a narrow decline in the operating rate of carbon black enterprises. In December, due to environmental factors, some carbon black enterprises in Shandong, Shanxi and other regions were restricted in their operations, and the operating rate of carbon black enterprises was slightly reduced.

In terms of terminals: Under the influence of cold winter weather, the impact of the off-season is gradually becoming apparent, and the demand for all steel tires and semi steel tires is gradually slowing down. The transportation volume of goods in the northern logistics industry has significantly decreased, and the demand for tire replacement has sharply decreased. The demand for terminals is weak, and the inventory of enterprises continues to slowly increase. Some tire enterprises are carrying out equipment maintenance to reduce production burden. Manufacturers have poor enthusiasm for purchasing carbon black raw materials, and entering the market to obtain goods only maintains basic needs, The market trading atmosphere is relatively quiet.

In the future, under the tug of war between supply and demand, the trend of raw materials is relatively stagnant, which may provide some support for carbon black; In the context of a sluggish market, the downstream terminal tire industry is expected to maintain a stable and consolidated carbon black market in the short term due to the multi-dimensional demand for goods entering the market.