Carbon Black Market Analysis on June 13

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 price of China's high-temperature coal tar market is weak, downstream coal tar asphalt has shown a downward trend, and some deep-processing companies have carried out equipment maintenance. The demand for coal tar has dropped sharply, and the coal tar market has become negative. There is a certain decline in the market in the short term. The trend may weaken the cost support for carbon black.

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.

On the demand side: Downstream terminal tire and other rubber products companies have started and operated stably. Recently, shipments have been slow. They have only maintained just demand for carbon black, and the on-site trading atmosphere is deserted.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on June 13 was 8,421.75, which was the same as yesterday.

4. market outlook

In the short term, the raw coal tar market trend is weak, but price stability still supports the carbon black cost side. Downstream deep processing companies maintain a state of suppression on the carbon black market with the support of inventory. There are no obvious signs of positive on the demand side. In the short term, the carbon black market remains in a wait-and-see state.