According to the statistics of the customs, the import volume of Carbon Black in September 2020 was 7390.3 tons, a decrease of 3.6% compared with the previous month, and a year-on-year increase of 25.2%. The main sources of imports were South Korea (20.93%), the United States (18.37%) and Japan (16.88%). The top three regions in terms of import volume were Shanghai (26.65%), Guangdong Province (22.75%) and Zhejiang Province (12.6%).
In September 2020, the export volume of carbon black was 65321.5 tons, an increase of 4% over the previous month and a decrease of 4% over the same period last year. The main export countries are Thailand, Vietnam, Indonesia and other countries. Among them, 25164.62 tons were exported to Thailand, accounting for 38.52% of China's carbon black exports, 18.65% to Vietnam and 16.19% to Indonesia. The main export provinces and cities are Jiangxi Province (22.74%), Shanghai City (22.42%) and Shandong Province (15.84%).
In September, carbon black market is in a rising trend. Driven by the rising prices of raw materials, carbon black manufacturers have raised their prices one after another. In fact, since the second half of the year, the market of carbon black has begun to rise, but the main reason is cost driven, so the rise is slow, and there is a drop in the middle. The cumulative increase in the second quarter is only 100-200 yuan / ton. Raw materials rose by 300-400 yuan / ton in the third quarter, and the carbon black increased by 500-600 yuan / ton based on the ratio of raw materials to carbon black production of 1.55:1. After a large rise in carbon black, although there was some hesitation in receiving the goods downstream, it happened to coincide with the National Day holiday, and just needed to prepare the goods, and gradually accepted the price after the rise. Carbon black enterprises that have not yet risen in place have also raised prices since October. After the rise in the third quarter, carbon black profits improved, turning losses into profits.
Recently, Cabot, a well-known carbon black manufacturer, announced the price increase again. According to reports, since November 1, 2020, or if the customer contract allows, the company will increase the global sales price of special carbon black by 8%. Cabot said that the price increase is mainly to ease the pressure of substantially increased costs. This is Cabot's second price increase in a month. Since late September, a number of domestic carbon black enterprises have also announced price increase plans.
It is reported that after the carbon black market price reached the low point in the year at the end of May, the carbon black market hit the bottom and rebounded, and entered the mode of continuous rise. Only in August, the carbon black market showed a small decline. According to statistics, the carbon black market rose by 2000 yuan / ton from June to October, of which 200 yuan / ton fell in August. As of October 23, 2020, the market price of carbon black has been higher than that of the same period last year. On the contrary, the price of raw coal tar is not as high as that of last year, and the profit level of carbon black enterprises in the second half of the year is fair. Coal tar prices rose 550-735 yuan / ton from June to October, which supported the price rise of carbon black market, but it was not enough to support such a large increase. Carbon black market prices continued to rise in the second half of the year, also benefited from the start-up of major downstream tire enterprises.
According to the latest domestic carbon black price monitoring, the mainstream price of dry carbon black N220 in North China is 6300-6600 yuan / ton; the mainstream transaction price of N330 is 5800-6100 yuan / ton. The mainstream price of wet carbon black N220 is 6200-6500 yuan / ton, and the mainstream transaction price of N330 is 5700-6000 yuan / ton. The price of raw materials is rising, and the future market is bullish. In East China, the mainstream price of N220 is 6400-6900 yuan / ton, and the mainstream transaction price of N330 is 5900-6300 yuan / ton. The mainstream price of wet carbon black N220 is 6300-6800 yuan / ton; the mainstream transaction price of N330 is 5900-6200 yuan / ton, the upstream and downstream prices are rising, and the future market is bullish.
