Carbon black market analysis on May 24

1. Carbon black market analysis

Today, the price of carbon black in China is stable. As of now, the mainstream price of N330 in the carbon black market is 7,100 - 7,900 yuan/ton.

Cost: Today's high-temperature coal tar market prices are stable, and the downstream coal tar asphalt market is more motivated to enter the market to receive goods, which provides support for coal tar prices. Coal tar prices are high and stable, which provides good support for carbon black costs. It is expected that in the short term, the coal tar market still maintains a rebound trend.

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 enterprises have started to operate smoothly, and the enterprises have sufficient inventory reserves, mainly consuming inventory in the short term.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 24 was 7,527.25, which was the same as yesterday.

4. market outlook

In the short term, the market price of raw coal tar is stable, and the support for the cost side of carbon black is strong. However, with the support of some inventories, terminal downstream tire and rubber products companies are generally enthusiastic about purchasing goods, and the purchase is mainly based on demand. There is no fluctuation in the market, and the carbon black market is expected to operate steadily in the short term.