Carbon Black Market News on May 22

1. Carbon black market analysis

Today, the market price of carbon black in China continues to rise by 400-700 yuan/ton. As of now, the mainstream price of N330 in the carbon black market is 7,100 - 7,900 yuan/ton.

Cost: Today, the market price of high-temperature coal tar has temporarily stabilized. As of now, the market price of coal tar in Shandong is 3100 yuan/ton. The prices of downstream coal tar pitch and anthracene oil have risen sharply, driving the market price of coal tar to rise. Driven by the rise in raw material prices, the market price of carbon black has also risen.

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 22 was 7,527.25, and the price rose by 605.5 yuan/ton, with an increase of 8.75%.

4. market outlook

In the short term, the raw coal tar market is operating strongly, and the support for the cost side of carbon black has become stronger, which has driven the price of carbon black to rise. Downstream deep processing and carbon black companies are still willing to receive goods. Terminal demand is weak, and on-site trading The atmosphere is flat and supply and demand are sawing. It is expected that the carbon black market will operate steadily in the short term.