Carbon black market analysis on June 28

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, the market price of high-temperature coal tar in China is still stable. As of now, the market price of coal tar in Shandong is 3930 yuan/ton. The auction price in Linhuan, Anhui has increased significantly. Coke companies have strong intention to support prices. The coal tar market price is stable for the time being, and the cost of carbon black is strong.

Supply: Today, most carbon black companies in China started construction smoothly, and a small number of carbon black companies were more enthusiastic about starting construction. The overall operating rate of the carbon black industry was acceptable.

Demand: The start-up of all-steel tire companies continues to weaken, while semi-steel tire companies remain stable. Terminal demand has not been significantly improved, and the demand for carbon black market remains sluggish.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on June 28 was 7,858.75, which was the same as yesterday.

4. market outlook

In the short term, the coal tar market is operating well, with auction prices rising in some regions, which provides good support for the cost of carbon black; terminal downstream companies are generally low in the market, and most inquiries are mainly based on price reductions. There is no good news on the demand side. It is expected that the market price of carbon black will remain stable in the short term.