Carbon black market analysis on May 18

1. Carbon black market analysis

Today, the market price of carbon black in China has increased by 300 yuan/ton. As of now, the mainstream price of N330 in the carbon black market is 6,400 - 7,400 yuan/ton.

Cost: Today, the market price of coal tar in Shanxi has increased by nearly 1,000 yuan. As of now, the market price of coal tar in Shanxi is 3625 yuan/ton. Coal tar market prices have increased differently in various regions of China. The enthusiasm of downstream carbon black companies to obtain goods has increased, and their support for carbon black costs has been enhanced.

Supply: Most carbon black companies in China maintain normal operating levels, shipments are average, and overall inventory is acceptable.

On the demand side: Downstream terminal tire and other rubber products companies started at a high level, but only needed carbon black procurement. There was no good news on the demand side to boost market transactions.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 18 was 6,921.75, and the price rose by 300 yuan/ton, with a rate of 4.53%.

4. market outlook

In the short term, the market price increases of high-temperature coal tar vary in various regions, driving the price of carbon black to rise. However, the market purchase of downstream terminal enterprises only remains in demand, and the on-site trading atmosphere is cold. There is no good news in the market. It is expected that the short-term carbon black market is operating stably.