First, the price trend
According to the monitoring of commodity black carbon commodity prices, the domestic carbon black market showed a decline in July, but the market price is still at a relatively high level. At the beginning of the month, the mainstream price of domestic N220 wet carbon black market was 8,000 yuan/ton. At the end of the month, the mainstream price of domestic N220 wet carbon black market was lowered to 7,600 yuan/ton, a drop of 5.66%.
Second, the market analysis
Products: The price of carbon black in the market has declined this month, and there has been a rebound in the end of the month. At the end of the month, the domestic carbon black market price showed a stable trend as a whole. The overall transaction price of wet carbon black in Shanxi area was 7,000-7600 yuan/ton. Although the overall market has not yet seen a big improvement, it will take some time for the market to rebound.
Industry chain: In July, the upstream tar market finally rallied after a period of continuous decline. As the auctions in the mainstream areas of Shanxi increased, the localities ushered in different degrees of rise.
Third, the market outlook
The carbon black analyst of the business community believes that the recovery of the carbon black market will take time and will remain stable in the short term, and the market needs to wait and see.
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