Carbon black market analysis on June 21

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 7,400 - 8,200 yuan/ton.

Cost: Today, China's high-temperature coal tar market prices are mixed, with prices floating around 100 yuan. Market prices in major coal tar producing areas such as Shandong and Shanxi have risen, which has warmed up support for carbon black costs. Markets in a small number of regions have declined, and the coal tar market is expected to wait and see in the short term.

Supply: Today, most carbon black companies in China maintain normal starting levels. In order to control inventory storage and reduction, some carbon black companies have negative production arrangements. The start of carbon black sample companies fluctuates downward.

On the demand side: The construction of downstream terminal tire and other rubber products industries remained stable. Supported by low-priced carbon black stocks in the early stage, demand in the later stage only remained on demand, and there was no obvious positive support on the demand side.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on June 21 was 7,858.75, which was the same as yesterday.

4. market outlook

In the short term, downstream coal tar asphalt has a strong intention to increase prices, raw coal tar auction prices have increased, the market negotiation atmosphere has improved, and support for the cost side of carbon black may be strengthened. However, June is the traditional low season for downstream tire sales, and enterprises The operating rate may decline, and the demand side may further weaken. It is expected that the short-term carbon black market will be dominated by sorting and waiting.