Carbon Black Market News on July 12

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. Coking coal prices continue to rise, and the profits of coke companies continue to accumulate. The enthusiasm of coal tar companies to start construction has declined. The market is weak and the cost side of carbon black is not well supported.

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.

Demand: Recently, semi-steel tire companies have been operating smoothly, snow tire production scheduling is more active, overall orders are acceptable, the overall capacity utilization rate of the company is relatively stable, and there is a certain need for carbon black.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on July 12 was 7,758.75, which was the same as yesterday.

4. market outlook

In the short term, most deep-processing and carbon black companies are slightly weak in receiving coal tar. The raw material market has a strong bearish atmosphere and limited support for carbon black costs. Some carbon black companies have sufficient supply, but the downstream companies are operating in poor conditions. The overall operation is insufficient, and the market is buying more to maintain replenishment, and the demand for carbon black continues to be sluggish. The carbon black market is expected to operate steadily in the short term.