Carbon Black Market Analysis on July 10

1. Carbon black market analysis

Today, the market price of carbon black in China fell by 300 yuan/ton. As of now, the mainstream price of N330 in the carbon black market is 7,300 - 8,100 yuan/ton.

Cost: Today, the market price of high-temperature coal tar in China has temporarily stabilized. As of now, the market price of high-temperature coal tar in Shandong is 4105 yuan/ton. The loss situation of deep processing and carbon black enterprises is difficult to alleviate. The enthusiasm for purchasing coal tar has declined, and only maintaining Just need to purchase, raw coal tar is operating in a weak manner, and the support for the cost side of carbon black is weakening.

Supply: Affected by the market, some carbon black companies have fallen into losses, and start-up expectations have dropped.

On the demand side: The internal and external sales and shipments of all-steel tire enterprises are not smooth, the pressure on the inventory of finished products is increasing, and some enterprises have the possibility of flexible adjustment and scheduling, which has dragged down the overall capacity utilization rate of the enterprise, and the demand for carbon black market is sluggish.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on July 10 was 7,758.75, a decrease of 300 yuan/ton from the previous working day, or a decrease of 3.72%.

4. market outlook

In the short term, the market price of raw coal tar is weak, and the cost pressure on some carbon black companies has eased. However, most downstream deep processing companies are at a loss, and their resistance to carbon black remains. The enthusiasm of terminals to obtain goods is not good, and on-site trading atmosphere is deserted. Supply and demand are weak, and it is expected that there will be room for downside in the carbon black market in the short term.