According to the data monitored by the business community, the raw material market price continued to rise in the past week, strengthening the support for the carbon black cost side, and the carbon black market price rose slightly. On June 5, the domestic carbon black N220 quoted 9133 yuan/ton.

Cost side: In terms of raw materials, when the domestic coal tar market price is 4372 yuan/ton, due to the decline in operating rates of coke companies, the supply of coal tar in some areas of the site is relatively tight, and downstream coal tar and carbon black prices have significantly increased. The enthusiasm of factories to enter the market to receive goods is good, so the market shows certain positive factors, driving up the price of coal tar, and the price continues to operate at a high level. The rise in raw materials has strong support for the cost side of carbon black, The market price of carbon black is relatively strong, and the market price is also rising.

Supply and demand side: Most carbon black enterprises maintain normal operating levels, and there is little change in industry operating at the end of the month.

In terms of demand: Downstream tire companies and other rubber product industries have maintained a stable overall operating rate, with finished product inventory at a reasonable level. Enterprises have a general enthusiasm for purchasing goods, and their purchases are mainly in demand. Recently, the carbon black market has experienced a high frequency of ups and downs, and there is a strong wait-and-see atmosphere among enterprises. The carbon black market transactions are relatively light.

Overall, the market price of raw coal tar has risen, with some support on the cost side. However, there has been no significant improvement in downstream demand, and there is a serious accumulation of inventory in downstream enterprises. Market procurement is mainly based on hard demand, and it is expected that carbon black will maintain stable operation in the short term.