Carbon Black Market Analysis on July 11

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 7,300 - 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. Due to poor terminal demand, downstream deep processing and carbon black enterprises have all performed in a sluggish manner, which has put pressure on coal tar. Therefore, there is still some room for decline in raw material coal tar, and the support for the cost side of carbon black is weak.

Supply: At present, the overall start-up of the carbon black industry is stable and the supply is relatively sufficient. It is expected that the overall start-up of the carbon black industry will fluctuate within a narrow range in the short term.

On the demand side: The performance of finished products orders in the downstream tire and rubber products industry was sluggish. Coupled with the high summer temperatures, the factory only maintained a ready-to-use state, dragging down the overall capacity utilization rate of the company.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on July 11 was 7,758.75, which was the same as yesterday.

4. market outlook

In the short term, the market price of raw coal tar is weak, the cost support of carbon black enterprises is limited, and some carbon black enterprises have sufficient supply. However, the operation of downstream enterprises is not good, and the enterprises are under construction. Most of them are in need of replenishment, and the demand for carbon black continues to be depressed. 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.