Outlook forecast: In the second half of 2023, the carbon black market price may fluctuate in a range.
In the short term, the price of raw coal tar may remain at a high level and remain relatively stable, but downstream deep processing and carbon black enterprises may appear weak in receiving high-priced coal tar, and their enthusiasm for purchasing goods may weaken. This may lead to a slight drop in the market price of coal tar, thereby weakening the support for the cost of carbon black, turning from strong to weak.
At the same time, the traditional off-season of tire sales has not yet ended, and the sales pressure in the downstream tire market still exists. In order to reduce cost pressures, all-steel tire companies may increase the frequency of production shutdowns for maintenance, which may further weaken the demand side. In addition, the downstream tire and rubber product industries are still facing the inventory of finished products accumulated in the previous low-price carbon black production. Therefore, companies are currently mainly digesting inventory, and the procurement demand is only maintained at the level of rigid demand. Inquiry and price reduction have become the norm. In this case, there is no good news on the demand side for the time being, so the carbon black market may be mainly wait-and-see in the short term and maintain a relatively stable state.