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Supply will still be limited and demand will pick up moderately
Supply will still be limited and demand will pick up moderatelySince October, the carbon black market has continued to rise, with an increase of 1100-1400 yuan (ton price, the same below) over September, an increase of more than 10%
Regarding the later trend, many industry insiders believe that the cost side support is still strong, there are signs of tightening supply, and demand is also picking up moderately.
Supply will remain limited
Supply will still be restricted Supply will still be restrictedJin Lianchuang analyst Wang Xin introduced that recently, carbon black companies have reduced their load to varying degrees due to the impact of power restrictions.
From the perspective of supply, Shandong Yinbao is operating at full capacity, Qingzhou Boao, Ningbo Detai, Hejin Jinlong, and Nestel have started 80%; Shandong Aolong and Hebei Longxing carbon black installations have started 70%.
From a later point of view, the operating rate of carbon black manufacturers is unlikely to increase significantly
High raw material prices
High raw material priceshigh raw material pricesIn November, the coal tar market, which is a raw material for carbon black, continued to rise, and the overall price rose by 100 to 150 yuan, bringing a certain cost support to the carbon black market
In terms of subregions, the deep processing equipment in the East China market started normally, the coal tar gap was large, and the outer mining radius continued to expand, which drove the price increase in the central and southern regions
Longzhong Information analyst Wang Shuang said that although the coal tar market is trending strong, the overall downstream market performance is weak.
At present, the domestic coal tar market is still in an abnormally tight supply and demand situation.
"From the perspective of the market outlook, although downstream deep processing companies have increased resistance to high raw material prices and poor purchasing enthusiasm, coking companies will maintain production restrictions and it is difficult to change the tight supply of coal tar.
Moderate rebound in demand
Moderate rebound in demand Moderate rebound in demandThe person in charge of Jixing Tire Co.
According to statistics, the current domestic semi-steel tire sample manufacturers have slightly increased their operating rate, with an operating rate of 60.
However, market rumors are that some downstream product industries are unable to purchase high-priced carbon black and only maintain just-needed purchases.
In addition, due to the influence of La Nina, the industry expects that the weather will turn colder this year, which will be positive for the snow tire market, which is expected to further boost the carbon black market