Analysis of carbon black market trend in October

At the end of September, the carbon black market lived up to expectations. The price of new orders rose again, and some models rose to ten thousand yuan per ton. After six months, carbon black returned to the “ten thousand yuan era” again. Up to now, the carbon black market price index is 10071.25. At this time, the carbon black field is very busy, and multiple factors occupy the market. Let’s analyze it in detail:

The good news:

First, the overall profit of carbon black market is good. Affected by the price shock of raw coal tar in the early stage, most carbon black enterprises still store carbon black produced by high price oil in the early stage, and the terminal presses the price of carbon black seriously, and carbon black enterprises suffer serious losses. In order to save profits, carbon black prices continue to rise, so far carbon black enterprises have increased profits and good operation conditions.

The overall inventory of carbon black market is low. In the early stage, the raw material price fluctuated upward, and some carbon black enterprises began to stop production and repair the equipment in order to control production costs, and the demand of downstream enterprises was weak, so the overall enthusiasm of carbon black enterprises was weakened. The overall inventory of the industry is low, and some models are in short supply.

The downstream tire industry is in good demand. The arrival of “gold nine silver ten”, downstream tire enterprises into the traditional sales season, under the strong support of the cost side, tire enterprises have announced the price increase, affected by the market to buy up do not buy down, tire shipments are smooth compared with the early stage. The price increase of some enterprises has been successfully landed, and the current state of high production is maintained, and the demand for carbon black has performed well.

Negative aspects:

First, imported low – price carbon black hit the domestic market. Domestic carbon black market prices maintain high operation, the terminal of the domestic high price of carbon black supply strong resistance, some downstream enterprises choose to purchase imported carbon black, and the Russian-Ukraine war continues, a large number of Russian low price carbon black imports to the domestic market, suppress the domestic carbon black price.

Second, downstream rubber products, plastic masterbatch industry demand weak. The demand of rubber products enterprises is difficult to change, and the enthusiasm of terminal businesses is relatively cold. The profits of some rubber products enterprises are significantly reduced. The carbon black raw materials are mainly purchased on demand, and the actual orders are generally closed.

In the future, the overall trend of carbon black market or relatively considerable, the downstream tire enterprises start high level, the terminal in the coal tar market, driven by the higher market, the market inquiry is more positive, the demand for carbon black market is strong, is expected to increase the short-term carbon black market space.