According to data monitored by Business Society, the carbon black market price was weak this week. As of the 11th, the domestic N220 carbon black market price was at 9566 yuan/ton.

In terms of raw materials, the market price of high-temperature coal tar has slightly declined this week. As of the 10th, the price of coal tar was 4702 yuan/ton. Recently, the price of coke has gone through five rounds of increase, which has improved the profitability of most coking enterprises. Some enterprises have even started planning to increase production capacity. This trend indicates that the supply of coal tar market may increase in the future. However, the downstream demand market for high-temperature coal tar has shown weak performance, and the market situation for deep processed products is not optimistic, resulting in some companies still operating at a loss. This situation further suppresses the market situation of high-temperature coal tar, and it is expected that its price will remain weak in the short term.

Production situation: The supply of carbon black in the market is relatively sufficient this week, and most carbon black enterprises have maintained stable production with little change.

In terms of terminals: The shipping pace of the tire industry has significantly slowed down, while the sales performance of the downstream rubber product industry is flat. Overall, the flow rate of goods is average, and the recovery of terminal demand is slow. The demand for raw materials and procurement enthusiasm have significantly decreased. Affected by this, the shipment volume of carbon black enterprises has become sluggish, and the momentum of price increase is clearly lacking in momentum.

Outlook for the future: Strong pressure from the terminal, weak prices in the high-temperature coal tar market, and relatively limited support for the cost of carbon black; At the same time, the downstream market has a relatively low demand for carbon black raw materials, and the demand side is still weak. Therefore, the carbon black market is expected to continue to maintain the current weak operating trend.