Carbon black industry's short-term difficulties

According to data from business clubs, last week (8.11-8.15), the price of carbon black steadily dropped slightly. The price on weekends was 6339 yuan per ton, which was a year-on-week price of 6,345 yuan per ton, down by 0.1% month-on-month and 4.32% year-on-year. At present, the carbon black market is near the cost line, and the market price is low. However, for the industry outlook, the industry believes that carbon black will remain weak in the case of overcapacity and low demand, and it will be difficult to take off in the short term.

Analyst Zuo Jun believes that the terminal market entered the off-season and demand for tires was mainly based on demand. In addition, the United States conducted a double counter investigation on tires in China, and tires exported in August may be subject to double taxation in the United States, “domestic sales and export markets. Adversely, due to this, the overall tire market started to decline, and the demand for carbon black market was lower.

Zuo Jun also pointed out to the Great Wisdom News Agency that carbon black companies installed off-loading and denitrification equipment under the requirements of environmental protection policies, greatly increased environmental protection and operating costs, combined with overcapacity in the overall market, fierce price competition, and further deterioration of the market environment. Short-term market In the weak and stable city, some small businesses may face the fate of being eliminated.

Chen Ling, a carbon black analyst at Chemical Branch, pointed out that the current price trend has slightly declined, but the production facilities of carbon black manufacturers are still running smoothly, and the carbon black market operating rate is maintained at about 70%. The supply is sufficient, and the price will continue to remain weak. However, the carbon black market is about to usher in the peak sales season. Under the influence of the “Golden 9 Silver 10” environment, it is expected that the carbon black market will rebound in September.” Carbon black is mainly used for tire reinforcement and is an essential consumable product for tire production. At present, there are no substitutes. About 67.5% of carbon black consumption is for tires and 9.5% for automotive rubber products. Tires are the main downstream of carbon black.