The profit of the black carbon market in the first half 2019 is in the situation of more losses than gains. In particular, in the first quarter, a number of listed companies issued news that carbon black losses are serious, corporate profits fell more than last year. According to the statistics of hongzhong information, the loss of carbon black was about 372.56 yuan per ton in the first quarter of 2019, and the average loss of carbon black market was about 188 yuan per ton in the first half of 2019, which was 131 percent lower than the profit level last year.
Carbon black market why losses are so serious, it depends on carbon black’s most important downstream tire market. Construction of the terminal tire market in the first half of 2019 declined compared with last year. In the first half the year, due to the decline in ternimal car sales, coupled with the trade war and other factors, the start of tire factory decline. Due to the decline in construction, the demand for carbon black in the tire market in the first half of the year decreased by 706600 tons compared with last year, and the demand decreased greatly. As a result, the growth of the whole carbon black market was limited and the loss was serious.
In the second half of the year, due to the decrease of downstream demand and the low season of downstream demand in July and August, the trend of black carbon easy to fall but difficult to rise will continue.