June 6 Carbon Black Market Analysis

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 7,900 - 8,900 yuan/ton.

Cost: Today, the market price of high-temperature coal tar in China is stable. As of now, the market price of coal tar in Shandong is 4360 yuan/ton. The downstream coal tar asphalt and anthracene oil markets have both shown a downward trend. The coal tar market is on the sidelines, and the market has a strong bearish atmosphere, but there is still strong support for the cost of carbon black.

Supply: At this stage, costs are high. In order to control costs, some carbon black companies have plans to stop production and maintenance of equipment.

Demand: Terminal tire companies have poor demand and strong resistance to high-priced carbon black. Real orders are generally purchased at low prices, and market transactions are average.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on June 6 was 8,421.75, which was the same as yesterday.

4. market outlook

In the short term, the high market price of raw material coal tar has temporarily stabilized, which provides good support for the cost side of carbon black. Demand from downstream terminal tire companies has not improved significantly. Some companies have sufficient inventories, are not enthusiastic about entering the market for purchasing, and are limited in new orders. It is expected that the carbon black market will operate steadily in the short term.