Home > Industry Information > Carbon black prices continue to rise, industry chain related industries continue to boom
Carbon black prices continue to rise, industry chain related industries continue to boom

Carbon black prices continue to rise, industry chain related industries continue to boom


For Rubber Carbon Black

After more than ten days of stalemate in the domestic Carbon Black market, it has recently ushered in a rapid rise. The carbon black index rose by 5.4% on June 1 after a slight rise last week. The latest quotation has reached 8212 yuan / ton and reached a new high this year.

The demand of downstream tire enterprises for carbon black is supported, but due to the lack of core and other reasons, the demand of automobile industry has not reached the climax, and the industrial chain still has the power of sustained prosperity.

Carbon black manufacturer raises price

It is worth noting that since the beginning of this year, carbon black giant Cabot has repeatedly raised its carbon black quotation. Cabot (China) recently announced that the price of all rubber carbon black on sale will be increased by 1200 yuan / ton from June 1. At the same time, Cabot announced that the price of all carbon black products in North America will be increased by US $0.06/pound (about 852 yuan / ton) from July 1 or as permitted by the customer contract.

Affected by the chain reaction of Cabot's price increase, the long-standing price increase sentiment of carbon black manufacturers broke out, and the domestic mainstream carbon black manufacturers followed the price increase one after another. It is expected that the average price increase of carbon black will be higher than Cabot's benchmark, which will encourage price bull sentiment and future expectations.

This round of price adjustment is mainly based on the rise of raw coal tar in May. Therefore, the rise in the price of carbon black will bring a corresponding increase in the company's operating revenue, but the profit will remain stable. "

According to the statistics of carbon black branch of China Rubber Industry Association, in 2020, the output of carbon black in the industry association will be 4.54 million tons, an increase of 2.44% over the same period last year; A total of 4.59 million tons of carbon black were sold, an increase of 3.71% over the same period last year.

It is understood that coal tar, anthracene oil and ethylene tar, the raw materials of carbon black, account for about 80% of its cost. With the sharp rise in the price of raw materials, the production cost of carbon black will increase significantly. In recent years, affected by the adjustment of domestic steel and coking industrial policies and the fluctuation of international crude oil prices, the above-mentioned raw oil prices fluctuate greatly.

Rising raw material prices boost tire prices

Carbon black is mainly used in tire production and is an important raw material of tire. In tire raw materials, carbon black accounts for about 8%. Recently, due to the rising prices of raw materials, many tire enterprises at home and abroad have also raised their product prices. Bridgestone announced that from July 1, 2021, the price of truck and bus tires in European market will rise, and the rising brands are Bridgestone, Firestone and Dayton. Hantai Tire Co., Ltd., Michelin group, Goodyear Tire Rubber Co., Ltd. and German horse brand tire U.S. company also announced that they will increase tire prices in some regions in the near future.

Since the second half of last year, benefiting from the continuous improvement of the prosperity of the automobile industry, the tire production has been maintained at a high position, and the performance has also been greatly improved. The National Bureau of Statistics announced tire production in the first quarter. The data showed that from January to March, domestic rubber tire production was 214.716 million, up 46.8% year on year. Since 2021, China's tire production has been growing positively. At present, it is in the demand of replenishing inventory and so on. Tire manufacturers are still willing to produce and have a good demand for carbon black.

Previous: Analysis of supply and demand situation and development prospect of China's titanium dioxide industry in 2021 Next: Titanium Dioxide Industry Research Report: large demand space, titanium raw material supply tension pattern may continue

Related Products

Related Industry Information
Communicate with Supplier?Supplier
Yolanda Ms. Yolanda
What can I do for you?
Contact Supplier