1、 Price trend

According to the data monitored by the business agency, on March 31, the domestic carbon black quotation was 7033 yuan / ton, with a slight fluctuation in the price range of 100-300 yuan / ton. This month’s carbon black market mainly fluctuated.

In 2019, the price fluctuation is not big and the market will not rise or fall. After the Spring Festival in 2020, the downstream demand is weak, and the current price is stable and volatile.

2、 Market analysis

Industrial chain:

From the perspective of raw materials, from the middle of October last year, the coal tar market showed a downward trend, and the price reached a low point within the year. There was a slight increase at the end of November, but not a big increase. As of the end of November, the price is still lower than the end of last month. In the later stage, although the coal tar market is in short supply at this stage, it is expected that the price increase of coal tar in December will be limited and the market price of carbon black will not be adequately supported due to the fact that the downstream carbon black and coal asphalt are difficult to change the weak situation.

From the point of view of demand, in December last year, the start-up of tires was mainly stable. Up to now, the start-up rate of tire factories has dropped to about 50%, new orders are limited, and the demand for carbon black is still weak.

3、 Future forecast

According to the carbon black data division of the chemical branch of business society, the carbon black downturn has not fundamentally improved.