1、 Price trend

According to the data monitored by the business agency, on August 20, the domestic carbon black quotation was 8025 yuan / ton. This week, the domestic carbon black market operated weakly and stably. There was a strong wait-and-see mood in the field, and the carbon black market was cold.

2、 Market analysis

This week, there was sufficient supply in the domestic carbon black market, the new single price of coal tar in the main carbon black producing area rose sharply, and the cost pressure of carbon black manufacturers further increased. The downstream demand continues to be weak, the manufacturer’s shipment is not fast, and the inventory is high. The start-up of the main tire industry decreased slightly, and the domestic sales of the tire market was depressed. According to the statistics of relevant departments, the sales of the domestic heavy truck market fell 56% month on month and 50% year-on-year in July. The full implementation of the national six standards, early overdraft in the market and insufficient terminal demand led to a steep decline in heavy truck sales. Export shipping is difficult, manufacturers have a backlog of inventory, and it is predicted that the tire market will be difficult to improve in the short term under the condition of the continuous rise of export shipping costs. Dragged down by it, the downstream demand for carbon black continues to be weak this week.

3、 Future forecast

According to the carbon black data division of the chemical branch of business society, the cost of carbon black manufacturers is under pressure, and the downstream market demand expectation generally puts pressure on the carbon black price, and the overall price is weak and stable.