The domestic carbon black market price remains stable (3.13-17)

According to the data monitored by the Business News Agency, on March 17th, the domestic carbon black market quoted 11500 yuan/ton, and this week the domestic carbon black market price remained stable.

 

Cost: This week, the overall operation of the domestic high-temperature coal tar market was weak, while downstream deep processing and carbon black enterprises were still operating at a loss. The market was affected by buying up and not buying down. Downstream enterprises were cautious in signing new orders, and the transaction atmosphere was light. The downstream market continues to hold down prices and there is a lot of negative sentiment in the market. Currently, the mainstream price of high-temperature coal tar in the market is 5000 yuan/ton, and it is expected that the coal tar market will continue to operate in a weak manner in the short term.

 

Supply and demand side: Currently, the operating rate of carbon black enterprises has decreased, and some factories and devices have been overhauled. Later, the market supply may decrease again. However, due to the weak price of raw materials, downstream enterprises are mostly bullish on the aftermarket of carbon black, resulting in weak supply and demand in the carbon black market,

 

In terms of downstream tire enterprises, the overall operating rate has increased, the demand for downstream tire and rubber industries has remained stable, the demand for terminal tire industries is weak, the enthusiasm of enterprises to take goods is moderate, and there is still resistance to the current carbon black price, and the trading atmosphere in the primary market for procurement is general.

 

Overall, the price of high-temperature coal tar as a raw material is weak, and the support for carbon black prices is weakened. Downstream enterprises mainly ship orders in the early stage, and the demand for carbon black has weakened. The market purchasing sentiment is not high. It is comprehensively expected that the carbon black market will operate stably and weakly in the short term.

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