News summary
Longzhong’s weekly outlook dated 9 November 2026 highlights ongoing cost and demand tensions in the Chinese carbon black supply chain. Reported high-temperature coal-tar reference prices were CNY 5,560/t in Shandong and CNY 5,550/t in Shanxi.
Market details
Its dated comparison shows Shandong anthracene oil at CNY 5,300/t on 2 November versus CNY 5,400/t on 30 October, a fall of 1.85% between those observations—not a 9 November intraday move. The report placed the sampled carbon black operating rate at 60%, up 0.7 percentage points, and indicated a modeled theoretical profit of minus CNY 373/t. This is a model estimate rather than audited company profitability.
Analysis of this news
When feedstock stays expensive but downstream purchasing is cautious, manufacturers may have limited room to pass on costs. For micronized black pigments, feedstock quality, micronization efficiency, energy consumption and dispersion performance are additional factors in final delivered value.
Related Gohar products
Learn about Gohar’s manufactured P-30 micronized black pigment and its separately sourced N330 and N550 grades.
- P-30 black pigment — manufactured by Gohar
- N330 carbon black — sourcing and supply
- N550 carbon black — sourcing and supply
Sources
- Primary: https://www.oilchem.net/26-1109-08-38184bdb83205b3a.html
- Additional market context: https://tyre.cria.org.cn/a/2119580755501330434