Carbon Black Market Analysis on June 15

1. Carbon black market analysis

Today, the market price of carbon black in China has dropped by 300-500 yuan/ton. As of now, the mainstream price of N330 in the carbon black market is 7,600 - 8,400 yuan/ton.

Cost: Today, the market price of high-temperature coal tar in Shanxi, China has dropped by 710 yuan/ton. As of now, the market price of coal tar in Shanxi is 3600 yuan/ton. The decline in coal tar prices has not yet formed a mainstream market. Most coke companies are still waiting and waiting, but downstream factories are more depressed, and the coal tar market is expected to fall in the short term.

Supply: Most carbon black enterprises maintain normal starting levels, a small number of carbon black enterprises have arrangements to reduce their burdens slightly, and the carbon black market starts have dropped slightly.

On the demand side: Downstream terminal tire and other rubber products companies have started and operated stably, but the coal tar market continues to be weak, resulting in a strong bearish atmosphere in the downstream market and low order volume.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on June 15 was 8,148.75, down 273 yuan/ton from yesterday's price, or 3.2%.

4. market outlook

In the short term, the market price of raw material coal tar has begun to fall, and the support for carbon black cost has gradually weakened. The demand from downstream deep processing enterprises has continued to be sluggish. The wait-and-see atmosphere on the market is strong. There are no obvious signs of positive signs in the market. In the short term, the carbon black market remains wait-and-see status.