According to data monitored by Business Society, domestic carbon black prices have risen this week. On September 18th, the domestic carbon black N220 was quoted at 11333 yuan/ton

Cost side: This week, the upward pace of coal tar market prices has slowed down, with high and fluctuating operations being the main focus. In most regions, prices have narrowed and consolidated. As of now, the domestic price of coal tar market is 4990 yuan/ton. Currently, upstream and downstream enterprises have strong quotations, and the coal tar market is operating at a high level, providing strong support for carbon black cost side.

Supply and demand side: Most carbon black enterprises maintain normal operating levels, and recently, there have been carbon black manufacturers in Shandong and Shanxi stopping or reducing production. Currently, the overall inventory of the carbon black industry is not high.

In terms of terminals, downstream enterprises have a relatively high level of operation, with smoother tire shipments compared to the previous period. Terminal enterprises have low carbon black inventory, and on-site inquiries are more positive. From a demand perspective, with strong support from export orders, the tire industry has been operating at a high level recently. The strong demand in the tire industry has provided strong support for the upward trend of carbon black, but the current high price of carbon black is running, and downstream enterprises have some resistance to high price carbon black supply, Maintain on-demand purchasing when entering the market to obtain more goods.

Overall, there are both positive and negative factors in the current market. Under the supply and demand game, it is expected that the short-term carbon black market will maintain a high level of operation, with a stronger consolidation operation. The future trend will focus on downstream demand.