From the perspective of raw materials, the domestic high-temperature coal tar oil market price rebounded significantly this week, with the highest increase in new auction prices reaching 410 yuan per ton. Experts from the Carbon Black Industry Network pointed out that the significant rebound of coal tar oil this time was mainly due to fluctuations in market demand. Although from the supply side, the current supply of coal tar oil is stable, and the operating load of coking enterprises has not fluctuated much, the rapid growth of downstream demand has become a key factor driving price increases. Last week, the price of coal tar oil fell to a low point, attracting many merchants to buy at the bottom. This week, the deep processing and carbon black industries have joined the rush to purchase, leading to a rapid imbalance in market supply and demand, and the new auction prices of coal tar oil have increased significantly.
From the supply and demand situation of the carbon black market, the overall operating load of domestic carbon black enterprises is currently low, and the overall market supply is insufficient. The low price of carbon black in the early stage prompted some downstream users to enter the market and buy at the bottom, resulting in a significant increase in orders for mainstream carbon black manufacturers. Market feedback shows that some carbon black enterprises have delayed delivery until mid-July. Although the actual downstream production demand has not changed much, such as the cooling of the semi-steel tire market and the downturn of the full-steel tire market, as well as the stable operating load of rubber products and color masterbatch industries, the high enthusiasm for buying at the bottom in the early stage has significantly increased the market's ordering enthusiasm. With the continuous tight supply, carbon black prices have been continuously adjusted upwards.
Considering various factors, industry insiders are generally optimistic about the trend of the coal tar oil market in the next week. It will take some time for the significant increase in carbon black supply. In the short term, the market supply will continue to be tight. Under the dominance of favorable supply and demand factors, it is expected that carbon black prices will continue to rise.