According to the data monitored by the business community, on November 18, the domestic carbon black price was 12100 yuan/ton. At present, the carbon black market price is relatively strong, and the market is in a wait-and-see mood, resulting in a deadlock in trading and investment.

In terms of cost: the price of high-temperature coal tar as raw material is mainly consolidated at a high level this week, and the price in most regions is temporarily stable. At present, the performance of deep processed products in the downstream of coal tar is weak, especially in the aspect of coal tar pitch. The recent operating load and price in the downstream aluminum market are significantly lower, and the rise of coal tar pitch is hindered. In the short term, domestic coal tar may maintain high consolidation. Fundamentally, the overall price of raw coal tar market is high, supporting the price of carbon black market.

Supply and demand: At present, most enterprises have maintained stable operation, some enterprises have stopped production for maintenance, and the overall operation is likely to continue to decline.

In terms of downstream tire enterprises, there is no obvious improvement at present, and they have strong resistance to high price carbon black. In addition, some tire enterprises are limited in starting work, have poor demand for carbon black, and are not enthusiastic about purchasing. New orders are limited, mainly sporadic transactions.

To sum up, it is expected that the carbon black market price will be stuck at a high level in the short term. In the later stage, attention should be paid to the raw materials and downstream market dynamics.