Carbon black: raw material prices rise, prices bottom out and rebound

In early June, the carbon black mainstream market price rose 400-600 yuan/ton, up 11.11% from the previous month and down 7.58% from the same period last year. Affected by the sharp rise in coal tar prices in June, carbon black prices bottomed out and ended a year of continuous downward trend. The domestic carbon black industry started operating at a low level of around 50%, and the supply and demand margins have improved with the ease of corporate inventory pressure, and the manufacturers have a strong intention to push prices and ship. Limited by the limited demand for terminal demand, there is still some pressure on the shipment of carbon black companies, and the market price or finishing operation of carbon black is mainly based.