Following the price rise of 200-300 yuan / ton last week, the domestic Carbon Black price rose again this week. On November 24, the price of carbon black in domestic markets rose again by 11.15% to 7475 yuan / ton. Since September this year, the price of carbon black has increased by 31%. Since the beginning of June, the price of carbon black has increased by more than 60%.
It is worth noting that black cat said on the interactive platform that the company's carbon black product pricing was based on the raw material price, downstream demand, industry operating rate and other factors. Since the fourth quarter, the company's carbon black product price has increased month on month.
In addition, it is learned from the industry that in order to boost the carbon black market, several leading carbon black enterprises will raise the carbon black price by 1000 yuan / ton in the next month or collectively, and 2000 yuan / ton in the first quarter of next year. The price adjustment enterprises may include black cat carbon black, Longxing Chemical, Yongdong chemical, Anlun chemical and Baohua carbon black.
From the perspective of the industry, subject to the impact of environmental protection and maintenance, the operating rate of carbon black was maintained at 65% ~ 70%. In October, large domestic carbon black manufacturers basically stopped receiving large orders, and the supply and demand of carbon black tended to be tense.
In terms of upstream, coal tar is the main raw material of carbon black. The trend of coal tar is rising in recent years, and the cost side of carbon black is strongly supported. At present, the operating load of coke enterprises is high, but the supply and demand of coal tar is still tight, the downstream deep processing maintains a considerable operating rate, and the coal tar downstream enterprises have a stock demand during the national day, the price of coal tar continues to be strong, and the cost side forms a support for carbon black.
On the downstream side, tire manufacturers started to return to the normal level, and the industry trend recovered. Goodyear USA plans to increase the price of Goodyear and Dunlop passenger car and light truck tires by 5% from December 1. Hankook tire USA plans to increase the production price of commercial truck tires in the United States by 5% from December 1. Since November 1, Youke haoma tire company has raised the price of some consumer replacement tires sold in the United States, with a maximum increase of 6%. Carbon black is used to improve the strength and wear resistance of tire rubber. The demand of downstream tire accounts for 70%.
Analysts believe that at present, the northern region has entered the heating season, which will have an impact on the operating rate of coal tar carbon black industry. Under the background of higher operating rate of downstream tire industry and urgent demand for carbon black just in need of replenishment, carbon black price is expected to continue to rise.
