Carbon Black Market Analysis on June 14

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 high-temperature coal tar in China is still strong, which is beneficial to the cost support of carbon black. However, the operating conditions of downstream coal tar asphalt and other deep-processing enterprises have declined, dragging down the overall industrial chain market. It is expected that there will be room for downside in the short term.

Supply: There has been little change in the start-up of the carbon black industry today. Most companies have started and operated smoothly, and the overall operating rate of carbon black sample companies fluctuates within a narrow range.

On the demand side: The downstream tire and rubber products industry has started operating normally. Due to the weak prices of raw materials, companies have increased wait-and-see sentiment. The overall transaction atmosphere in the market is light, and there is a certain feeling of price reduction for carbon black companies.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on June 14 was 8,421.75, which was the same as yesterday.

4. market outlook

In the short term, the raw coal tar market is operating weakly, but price stability still supports the cost side of carbon black. Demand from downstream deep processing companies continues to be sluggish. There is a strong wait-and-see atmosphere on the market. There are no obvious signs of positive signs in the market. In the short term, the carbon black market remains wait-and-see status.