炭黑市场9月26日
01 Carbon Black Index
According to Tuduoduo data, the carbon black price index on September 26th was 6394.5, stable compared to the previous trading day.
02 Carbon Black Market Price
Today's carbon black market price remained stable. As of now, the mainstream price of N330 carbon black product is 6,400 yuan/ton in Shandong; 6,200 yuan/ton in Shanxi; 6,500 yuan/ton in Hebei; 6,600 yuan/ton in Guangzhou; and 6,400 yuan/ton in Zhejiang.
Today's carbon black market price remained stable. As of now, the mainstream price of N330 carbon black product is 6,400 yuan/ton in Shandong; 6,200 yuan/ton in Shanxi; 6,500 yuan/ton in Hebei; 6,600 yuan/ton in Guangzhou; and 6,400 yuan/ton in Zhejiang.
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03 Carbon Black Market Impact Analysis
1. Upstream Raw Materials: Coal tar prices are 3,500 yuan/ton in Shandong; 3,520 yuan/ton in Shanxi; and 3,520 yuan/ton in Hebei. The domestic high-temperature coal tar market is showing a downward trend. Downstream factories in some regions are operating at low capacity, making it difficult to see pre-holiday stocking activity on the market.
2. Carbon Black Supply: Carbon black companies are operating at higher rates. A major plant in Shandong is gradually resuming operations, while companies in other regions are operating at lower rates. The resumption of operations by some companies has boosted carbon black production rates this week, while some companies plan maintenance during or after the holiday, thus temporarily maintaining their production capacity.
2. Carbon Black Supply: Carbon black companies are operating at higher rates. A major plant in Shandong is gradually resuming operations, while companies in other regions are operating at lower rates. The resumption of operations by some companies has boosted carbon black production rates this week, while some companies plan maintenance during or after the holiday, thus temporarily maintaining their production capacity.
3. Downstream Demand: Currently, most tire companies are maintaining their previous operating levels, building up appropriate inventory for post-holiday periods. Overall operating rates are undergoing minor adjustments. Some small-scale semi-steel tire companies, due to insufficient orders, have entered maintenance early for the National Day holiday, slightly dragging down their operating rates.
04 Market Forecast
So far, the decline in new order prices for raw material coal tar has had a significant negative impact on the market, reducing downstream companies' enthusiasm for receiving orders. Furthermore, some tire companies are expected to see a decline in operating rates and reduced inventory replenishment. However, manufacturers are willing to ship to reduce inventory pressure, and new orders in the carbon black market are generally stable.
04 Market Forecast
So far, the decline in new order prices for raw material coal tar has had a significant negative impact on the market, reducing downstream companies' enthusiasm for receiving orders. Furthermore, some tire companies are expected to see a decline in operating rates and reduced inventory replenishment. However, manufacturers are willing to ship to reduce inventory pressure, and new orders in the carbon black market are generally stable.
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