According to the data monitored by business associations, the price of domestic carbon black quoted 6,900 yuan/ton on April 15, with a small fluctuation and a price fluctuation range of 100-300 yuan/ton. This month, the volatility of carbon black market is mainly upward.
| PVA 1788 (PVA BP17) |
Domestic carbon black sales are still acceptable, wait-and-see atmosphere exists, and the quotation is still mainly stable. At present, the domestic quotation for N220 wet carbon black is about 6900 yuan/ton. Benefiting from the warming up of infrastructure and the improvement of liquidity, the downstream tire industry’s start-up rate and profit margin have recovered, thus driving the carbon black industry to a better development.
Future market forecast: Carbon black market is expected to stabilize in the future and rebound slightly.
| PVA 1799 (PVA BF17) |