According to the data monitored by the business community, the domestic carbon black N220 quoted 10233 yuan/ton on April 22, and the domestic carbon black market price slightly declined this week.

Cost: coal tar prices fell sharply this week. Affected by the decline of coal tar market prices, enterprises had a large inventory backlog, which depressed coal tar market prices. Auction prices in many regions fell. At present, the shipment is average, mainly based on early orders, with a pessimistic atmosphere on the market and sluggish market demand.

Supply and demand side: Currently, the overall operating rate of carbon black enterprises remains stable, with most carbon black enterprises maintaining normal operating levels. Some factory equipment maintenance is affected by the downward price of raw materials, and the carbon black market continues to fluctuate. Downstream procurement enthusiasm is not high, and many are bearish on the future market of carbon black, resulting in weak supply and demand in the carbon black market.

In terms of downstream tire companies, the overall operating rate remains stable, but due to the weak fluctuations in carbon black prices, there are currently no significant positive signs on the market. Trading has cooled down, and the market may still operate weakly.

Overall, the significant decline in raw material prices has weakened the support for carbon black cost prices. Although major downstream tire companies are operating well, they are bearish on the carbon black market and there is currently no positive trend on the market. Overall, it is expected that carbon black will operate steadily, moderately, and weakly in the short term.