Carbon Black Market Analysis on June 12

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 4370 yuan/ton. At the beginning of the week, the coal tar market price was weak. Although the overall supply and demand of coal tar were slightly tight, there was still some support for the market.

Supply: Most carbon black enterprises maintain normal starting levels. Affected by the market, a small number of carbon black enterprises have arrangements to reduce their burdens slightly, and the overall start-up of other enterprises remains stable.

Demand: Downstream terminal tire and other rubber products companies have maintained stable start-up operations. There is a strong need for carbon black, but there is a strong resistance to high-priced carbon black. Some companies have pressed their inquiries, and the carbon black market price is firm.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on June 12 was 8,421.75, which was the same as the previous working day.

4. market outlook

In the short term, the market price of raw coal tar is declining, and downstream terminal companies, supported by early inventories, only maintain a small amount of purchases that are needed when entering the market. Most downstream users are cautious and wait-and-see, and the trading atmosphere is dull. The overall There is a lack of obvious positive support for the carbon black market, and it is expected that the carbon black market will operate weakly in the short term.