According to data monitored by Business Society, the domestic carbon black market prices were relatively strong at the end of the month. On July 7th, the domestic carbon black N220 was quoted at 9166 yuan/ton.

Cost: In terms of raw materials, the market price of Coal tar fell and rose this week. So far, the market price of Coal tar is 4127 yuan/ton. After the introduction of the consumption tax policy, there are few new products in the market, and the overall operation of coke enterprises is poor. It is expected that the Coal tar market will be consolidated and operated in the short term.

Supply and demand side: Most carbon black enterprises maintain normal operating levels, the overall inventory level of the carbon black industry is not high, and the market supply and demand are relatively balanced. Carbon black enterprises have strong quotations, and the carbon black market price has slightly increased.

In terms of demand: The overall operating situation of downstream rubber conveyor belt enterprises is poor, and the demand for carbon black in the market is further reduced. The downstream tire industry is still in the traditional sales off-season, and enterprise procurement is mainly based on rigid demand, with terminal demand continuing to be weak. At present, purchasing is mainly based on hard demand, and there is currently no obvious positive news in the market. From the demand side, the overall demand in the future is not very optimistic.

Overall, the cost side support has increased, inventory levels are not high, and there has been no significant improvement in the demand side. This week, the carbon black market has remained stagnant at a high level, and it is expected that the carbon black market will consolidate and operate in the short term.