Carbon black market price on May 16

1. Carbon black market analysis

Today, the price of carbon black in China has dropped by 100-300 yuan/ton, and the price of individual models has dropped by 700 yuan/ton. As of now, the mainstream price of N330 in the carbon black market is 6,100 - 7,100 yuan/ton.

In terms of cost: The raw coal tar market is weak. As of now, the coal tar market price in Shandong is 2800 yuan/ton. The bullish atmosphere in the high-temperature coal tar market is relatively strong, and companies have strong intentions to support prices. However, due to the long-term low coal tar market price, the cost support for carbon black is still weak.

Supply: The production pressure of carbon black enterprises has decreased, some carbon black enterprises have arrangements to increase production, and the operating rate of carbon black enterprises has increased slightly.

On the demand side: The downstream tire and rubber products industry has started and operated smoothly, with large inventory reserves. Companies only maintain demand when receiving goods, and the market atmosphere is deserted.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 16 was 6,621.75, and the price dropped by 252.75 yuan/ton, a decrease of 3.68%.

4. market outlook

In the short term, the prices of industrial naphthalene and anthracene oil have risen sharply. The high-temperature coal tar market price has a strong atmosphere of rising prices, and the wait-and-see atmosphere is strong. However, coal tar prices have been low for a long time, and the current support for carbon black costs is still poor. Demand from downstream enterprises continues to be sluggish, carbon black market prices have fallen again, and the market negative atmosphere is strong. The carbon black market is expected to operate weakly in the short term.