According to the statistics of the customs, in July 2022, the import volume of Carbon Black was 6551.7 tons, a month on month decrease of 2.7%; A year-on-year decrease of 21.7%. The main import sources are Belgium (18.5%), Japan (16.5%) and South Korea (12.3%). The top three regions in terms of import volume are Shanghai (accounting for 29.5%), Guangdong Province (accounting for 16.4%) and Jiangsu Province (accounting for 13%).
In the first seven months of 2022, the total import volume of carbon black was 54624.5 tons, a decrease of 7.6% over the same period of last year.
In July 2022, the carbon black export volume was 88000 tons, with a year-on-year increase of 58% and a month on month decrease of 12.4%. The main export countries are Vietnam, Thailand, Indonesia and other countries. Among them, 23456.7 tons were exported to Vietnam (accounting for 26.6%), Thailand (accounting for 20.7%) and Indonesia (accounting for 13.9%). The main export provinces and cities are Shandong Province (31.7%), Jiangxi Province (25.3%) and Hebei Province (12.9%).
In the first seven months of 2022, the total export volume of carbon black was 523000 tons, an increase of 8.7% over the same period last year.
In 2022, the average import price of seven carbon black was 4365.3 US dollars per ton, an increase of 355 US dollars per ton compared with the average price of the previous month. Based on the exchange rate of RMB against US dollars in July of 6.7, the total increase was 2375 yuan per ton.
In July 2022, the average export price of carbon black was US $1656.5/t, a decrease of US $10.2/t compared with the previous month. Based on the exchange rate of RMB to US $6.7 in July, the total decrease was 68 yuan / T.
Last week, the domestic high-temperature coal tar rose sharply, and the momentum of coal tar remained unchanged in this week. The new historical high of coal tar pushed up the cost of carbon black enterprises significantly. In the case of overall loss operation, the carbon black industry has strong upward sentiment, and the price of carbon black in the market is brewing to rise.
Recently, in terms of raw material cost, carbon black enterprises are really under great pressure. At present, in the main carbon black producing areas such as Shandong, Shanxi and Hebei, the mainstream ex factory transaction price of coal tar has reached about 5600 yuan, while the price in some areas of Anhui and Jiangsu is higher. Under the impact of such high raw material cost, the cost pressure of carbon black manufacturers is rising. Affected by cost factors, the carbon black industry is currently in a loss operating state. According to the market feedback, the enthusiasm of carbon black enterprises to start construction was frustrated this month. The overall operating load of the carbon black industry declined significantly, and some carbon black manufacturers limited production and stopped production.
From the perspective of demand, the current downstream demand is still weak, but it should be noted that with the continuous implementation of national policies, the tire industry in the main market is expected to improve in the future. Moreover, in terms of carbon black export, the carbon black export data in July remained far higher than that of the same period last year, and the industry was generally optimistic about the future demand.
From the perspective of the future situation, the current favorable conditions of coal tar continue. Today, the price of domestic coal tar with high price has reached 7000 yuan / ton, and the price of industrial naphthalene has also reached nearly 6000 yuan. With the continuous rise in the price of downstream products, the enthusiasm of deep processing enterprises to start work has increased, and the demand for deep processing is stable. However, the market is still difficult to be optimistic about the supply of upstream products. The price of coke has increased, but the start of coke enterprises has been slow, and the supply of coal tar in the market continues to be tight. In the future, the imbalance between supply and demand of coal tar will continue. The carbon black industry network expects that the coal tar will remain high in the short term, and even does not rule out the possibility of further upward.
To sum up, the current downstream demand has a good trend, while the cost of raw coal tar is strongly supported. Under the pressure of cost, carbon black enterprises predict that the probability of new order negotiation in the future will be high, and the specific range is large. We believe that we should focus on the supply and demand game.
