1、 Price trend

According to the analysis system of the commodity market of Shengyishe, as of May 16th, the average price of high-quality rubber grade white carbon black in China was 5850 yuan/ton. This week, the focus of negotiations in the white carbon black market remained stable, with prices mainly operating steadily. Currently, the overall market supply and demand balance is dominant, and the mainstream price remains around 6000 yuan/ton.

2、 Market analysis

This week, the stable operation of the white carbon black market is the main focus, and the price fluctuation range is limited. Currently, there is insufficient upstream cost support, and downstream demand is poor. The main focus is on rigid demand procurement.

Chemical index: On May 15th, the chemical index was 871 points, unchanged from yesterday, a decrease of 37.79% from the highest point in the cycle of 1400 points (2021-10-23), and an increase of 45.65% from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to 2011-12-01 present).

3、 Future Market Forecast

Business Society’s white carbon black analyst believes that the current downstream demand is average, and inventory is sufficient to maintain a high level. It is expected that the mainstream price will be around 6000 yuan/ton in the short term.