碳黑市场10月20日分析
01 Carbon Black Index
According to Tuduoduo data, the carbon black price index on October 20th was 6110.5, stable compared to the previous trading day.
02 Carbon Black Market Price
02 Carbon Black Market Price
03 Carbon Black Market Impact Analysis
1. Upstream Raw Materials: Coal tar prices in Shandong Province were 3,350 yuan/ton; in Shanxi Province, 3,300 yuan/ton; and in Hebei Province, 3,350 yuan/ton. The high-temperature coal tar market continued its downward trend, and the overall market sentiment was sluggish.
1. Upstream Raw Materials: Coal tar prices in Shandong Province were 3,350 yuan/ton; in Shanxi Province, 3,300 yuan/ton; and in Hebei Province, 3,350 yuan/ton. The high-temperature coal tar market continued its downward trend, and the overall market sentiment was sluggish.
2. Carbon Black Supply: Carbon black companies' operating rates declined. After the holiday, some companies in Shandong Province underwent maintenance, while a major plant resumed operations after maintenance. Hebei Province also underwent maintenance, while companies in other regions maintained low-load operations.
3. Downstream Demand: Currently, production remains generally stable, with some variations in overall shipment performance. Some companies interspersed promotions with sales, resulting in improved shipments compared to pre-holiday levels. Others experienced price increases, slowing shipments and a month-on-month increase in finished tire inventory.
Market Forecast
Currently, the raw material coal tar market is weak, with significant cost drag. Downstream purchasing enthusiasm is low, and price pressure persists. As a result, the market is still trading at a pace driven by demand and inventory replenishment. Looking ahead, carbon black will likely continue to see significant losses, with limited room for profit margins, and will likely remain at a low level.
Market Forecast
Currently, the raw material coal tar market is weak, with significant cost drag. Downstream purchasing enthusiasm is low, and price pressure persists. As a result, the market is still trading at a pace driven by demand and inventory replenishment. Looking ahead, carbon black will likely continue to see significant losses, with limited room for profit margins, and will likely remain at a low level.
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