English
English French German Portuguese Spanish Russian Japanese Korean Arabic Irish Greek Turkish Italian Danish Romanian Indonesian Czech Afrikaans Swedish Polish Basque Catalan Esperanto Hindi Lao Albanian Amharic Armenian Azerbaijani Belarusian Bengali Bosnian Bulgarian Cebuano Chichewa Corsican Croatian Dutch Estonian Filipino Finnish Frisian Galician Georgian Gujarati Haitian Hausa Hawaiian Hebrew Hmong Hungarian Icelandic Igbo Javanese Kannada Kazakh Khmer Kurdish Kyrgyz Latin Latvian Lithuanian Luxembou.. Macedonian Malagasy Malay Malayalam Maltese Maori Marathi Mongolian Burmese Nepali Norwegian Pashto Persian Punjabi Serbian Sesotho Sinhala Slovak Slovenian Somali Samoan Scots Gaelic Shona Sindhi Sundanese Swahili Tajik Tamil Telugu Thai Ukrainian Urdu Uzbek Vietnamese Welsh Xhosa Yiddish Yoruba Zulu Kinyarwanda Tatar Oriya Turkmen Uyghur
Leave Your Message
China Carbon Black Industry Report in the first half of 2024

News

China Carbon Black Industry Report in the first half of 2024

2024-05-13 16:00:49

Carbon black data

According to customs data, China imported 27,400 tons of carbon black in June 2024, an increase of 38.30% year-on-year and 88.92% month-on-month. From January to June 2024, China imported a total of 149,300 tons of carbon black, an increase of 17.60% over the same period last year, and the import increased by about 22,300 tons.

carbon-black-pigment
In June 2024, the top three regions of carbon black import quantity were Russia, Belgium and South Korea, of which Russia imported 20,100 tons, accounting for 73.41% of the total import volume. It imported 19 thousand tons from Belgium, accounting for 7.29% of the total import volume. South Korea imported 15000 tons, accounting for 5.36% of the total import volume; Other countries accounted for 13.93 percent.

carbon-black-price
In January 2024, China imported 26,000 tons of carbon black, of which 18,400 tons came from Russia, accounting for 70.9% of the total import.

In February 2024, China imported 22,400 tons of carbon black, of which 16,500 tons came from Russia, accounting for 73.7 percent of the total import volume in the month.

In March 2024, China imported 28,400 tons of carbon black, of which 22,700 tons were imported from Russia, accounting for 78.0% of the total import volume in the month.

In April 2024, China imported 31,800 tons of carbon black, of which 24,900 tons came from Russia, accounting for 78.6 percent of the total import volume in the month.

In May 2024, China imported 14,500 tons of carbon black, of which 7,463 tons were imported from Russia, accounting for 51.5% of the total import volume in the month.


carbon-black-powderje7


Reviewing the carbon black import market in the first half of the year, Russia undoubtedly occupied the core position. In view of the adjustment and upgrading of the carbon black supply chain in Europe and strive to reduce its dependence on Russian raw materials, this is undoubtedly a rare development opportunity for our country. In fact, Russia's carbon black because of the price advantage, has attracted the favor of a large number of downstream  manufacturers in our country. We expect the amount of black carbon imported from Russia to our country to rise further as the EU ban on Russian carbon black took effect earlier this month.

According to customs data, China exported about 72,300 tons of carbon black in June 2024, down 4.64 percent year-on-year and up 38.99 percent month-on-month. From January to June 2024, China exported 435,300 tons of carbon black, an increase of 31.54% over the same period last year, and the export volume increased by about 104,300 tons.

carbon-black-n330

Among them, the top three regions of carbon black export in June 2024 are: Thailand, Vietnam and Indonesia; Among them, 18,300 tons were exported to Thailand, accounting for 25.33% of the total exports. It exported 16,900 tons to Vietnam, accounting for 23.47% of the total exports. Export to Indonesia 0.85 million tons, accounting for 11.68% of the total export; Other countries accounted for 39.51 percent.

carbon-black-pigment

Future market forecast

In the second half of 2024, the price of carbon black market may show a range of fluctuations.

Cost side: recently, the start-up load of most coke enterprises has remained stable, and the supply of coal tar market has remained relatively tight. Downstream deep processing products market improved, prices have been raised, the loss of enterprises has been reduced, the enthusiasm for coal tar procurement has increased, but the downstream deep processing products after the increase of the shipment performance is less than expected, the favorable atmosphere of coal tar market is difficult to continue, it is expected that the short-term high temperature coal tar market price low oscillation operation, the cost of carbon black support is not good.

Supply side: in the recent past, the overall profit of carbon black industry is not good, the phenomenon of enterprises reducing the burden of maintenance has increased, and the overall operating rate is relatively low.

Demand side: downstream tire enterprises are still in the seasonal off-season, although the market is affected by buying up and not buying down, the enthusiasm of the inquiry is increased compared with the previous period, but the stocking mentality of the enterprise is still more cautious, more just need to purchase, more light and stable operation on the demand side, and the short-term market price of carbon black is expected to remain stable.

More information can see our official website: xt-pigment