According to the data monitored by business associations, the price of domestic carbon black quoted 7,000 yuan/ton on September 30, with a small fluctuation. Due to the reduction of downstream demand and the off-season of downstream demand in July and August, the trend of carbon black easy to fall and difficult to rise will continue, and the market of carbon black will remain stable in the third quarter.
| Thiourea |
Market quotation
Domestic carbon black sales are still acceptable, the quotation is still mainly stable. Upstream carbon black raw oil is affected by the shrinkage of coking industry capacity, and its price keeps running at a high level all the time. Comprehensive factors lead to the decline of the gross interest rate of carbon black, the main product of the company, and the quarterly operating profit of the enterprise is compressed. Under the high pressure of national environmental protection supervision, the start-up rate of carbon black industry is limited and supply shrinks. The price of coal tar, the main raw material, remains high, which provides a solid support for the price of carbon black. Domestic passenger car sales have recovered and car ownership has increased steadily. The demand for carbon black is driven by the boom of tire market. Domestic carbon black enterprises are expected to follow the trend of rising prices.
| Thiourea dioxide |
Industry dynamics
The carbon black branch of the China Rubber Industry Association issued the carbon black industry self-discipline proposal. The proposal stated that since the second half of last year, the carbon black industry has experienced unprecedented difficulties, and there has been a situation of loss in the whole industry. In order to ensure the normal production and operation of the carbon black industry, it is advocated that every enterprise consciously limit its production and limit production. According to market demand, it will limit production 10%- on the basis of the original output. 20%, ensure market supply and demand balance; stabilize the carbon black raw oil market, do not participate in promoting bad competition behavior of raw material oil prices; stabilize market sales, and sell according to reasonable profit margins; for export to the international market, China’s carbon black also requires undisorderly competition.
Future market forecast: Carbon black market is expected to rebound in the future stable market.
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