Carbon Black Market Analysis on June 7

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, China's high-temperature coal tar prices have stabilized temporarily, and the market is still mainly wait-and-see. The downstream coal tar pitch and anthracene oil markets have shown signs of decline. There is a strong negative atmosphere in the market, but there is still strong support for the cost side of carbon black.

Supply: Today, the start of the carbon black industry has not changed much. Most companies have started steadily, and the overall operating rate of carbon black sample companies fluctuates within a narrow range.

Demand: Although the downstream tire and rubber products industry has started and operated at a high level, overall shipments are average. Purchasing into the market has only maintained just demand, and transactions in the carbon black market have been weak.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on June 7 was 8,421.75, which was the same as yesterday.

4. market outlook

In the short term, the market price of raw material coal tar is stable, and the cost side support for carbon black is still good. Demand from downstream terminal tire companies has not improved significantly. Some companies have sufficient inventories and are not enthusiastic about entering the market for purchasing. Most shipments in the carbon black market are mainly pre-orders, and new orders are limited. It is expected that the carbon black market will trend smoothly in the short term.