Carbon black market analysis on May 17

1. Carbon black market analysis

Today, China's carbon black market has temporarily stabilized. As of now, the mainstream price of N330 in the carbon black market is 6,100 - 7,100 yuan/ton.

Cost: The bullish atmosphere in the high-temperature coal tar market is relatively strong. Today, the price of coal tar in Shandong has increased by 300 yuan/ton. As of now, the market price of coal tar in Shandong has reached 3100 yuan/ton. However, the terminal demand for coal tar has not actually improved, and the support for carbon black cost is still weak. The coal tar market is expected to wait and see in the short term.

Supply: Most carbon black companies maintain normal starting levels, and a small number of carbon black companies have increased their enthusiasm for starting work, shipments are acceptable, and overall inventory is reasonable.

Demand side: Downstream terminal tire and other rubber products companies are reasonably motivated to enter the market to purchase, but due to the continuous decline in the market price of carbon black, most of the company's inquiries and inquiries are based on price reductions, and market transactions are limited.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 17 was 6,621.75, which was the same as yesterday.

4. market outlook

In the short term, there is a strong atmosphere of rising prices in the high-temperature coal tar market, and a strong wait-and-see atmosphere in the market. However, coal tar prices have been low for a long time, and the market is still operating in a weak position. There is weak support for carbon black costs. Downstream companies are mainly based on demand. There is no positive phenomenon in the market, and it is expected that the carbon black market will operate steadily in the short term.