1、 Market analysis of Carbon Black and coal tar
In November, the carbon black market maintained a shock consolidation situation. At the beginning of this month, although the performance of deep-processing products was weak, driven by the tight supply of goods in the coal tar market, the market auction still maintained an upward trend. At this time, the price successfully broke through the 5000 yuan mark, setting a new high. Carbon black can not bear the heavy pressure of cost, and some enterprises have the trend of loss operation. However, industries such as downstream products and Color Masterbatch have strong resistance to high price carbon black. Therefore, manufacturers are facing a dilemma of rise and fall, and can only focus on stability for the time being. In late June, under the dual pressure of high raw materials and poor product sales, the loss situation of deep-processing enterprises intensified, the long and short were stuck, the auction price of coal tar began to decline, and there was a small price decline in some parts of the carbon black market. However, driven by factors such as high raw materials and low enterprise inventory, the overall market price remained high, and the industry was cautious about the future market.
2、 Commencement of carbon black manufacturer
The overall domestic operating rate this month has improved compared with the previous month, and the operating rate in Shanxi market has recovered compared with the previous month. However, under the influence of heavy air pollution, the operation of some enterprises is limited. For example, a carbon black plant in Yuncheng, Shanxi and an enterprise in Linfen, Shanxi are still in the state of plant shutdown.
3、 Operation of tire enterprises
Although rubber raw materials have entered a downward trend, some tire enterprises continued to issue price increase notices at the beginning of the month, with a range of 3% - 5%, due to the use of high-priced raw materials in the early stage. However, as far as the market is concerned, agent procurement is not very active. At the same time, the new foreign trade orders are lower than expected, which drags the actual shipment. Some tire enterprises have slightly reduced the operating rate in order to alleviate the inventory pressure due to slow shipment, and some semi steel tire enterprises have maintenance. Therefore, the operating rate of tire enterprises has decreased slightly recently.
Summary:
Recently, the auction price of coal tar has been lowered, which has weakened the support for the cost of carbon black and superimposed the weak demand of downstream enterprises. Under the double negative factors, the market price of carbon black is expected to decline. As of December 9, some carbon black factories have said to reduce the price of carbon black by 300-500 yuan / ton, but most carbon black enterprises wait for the bidding carbon black of tire factories to make a decision, The market inquiry atmosphere is more active. I heard that Hebei began to control production from January 1. In addition to people's livelihood and military industry, other enterprises cut production according to the EIA for up to two months. At the same time, it is also reported that some tire enterprises in Shandong may have a holiday in mid January. If the situation is true, carbon black and downstream industries will ship in advance or increase production in December, In addition to the need to withdraw funds at the end of the year, some traders or small and medium-sized enterprises may enter the carbon black market at low prices, resulting in vicious competition. It is expected that the carbon black market price may be stable and weak in December.
