June 8 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 has fluctuated, with prices floating around 100 yuan. As of now, the market price of coal tar in Shandong is 4370 yuan/ton. The coal tar asphalt market is waiting to wait and see, and the coal tar market price is weak and deadlocked. However, prices in China's main coal tar producing areas are still firm, and support for the cost of carbon black continues to be strong in the previous period.

Supply: Today, most carbon black companies in China maintain normal operating levels, shipments are average, and overall inventory is still acceptable.

On the demand side: The construction of downstream terminal tire and other rubber products industries remained stable, there was no good news on the demand side, and market transactions were general.

2. Carbon black market price

3. Carbon black index analysis 

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

4. market outlook

In the short term, the mainstream market price of raw material coal tar has temporarily stabilized and remained at a high level. The cost side supports the high market price of carbon black. Supported by early inventories, downstream terminal companies are showing little interest in entering the market to get goods, and the demand side is dragging significantly. It is expected that the carbon black market will trend smoothly in the short term.