Carbon Black Market Analysis on July 20

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 7,100 - 7,900 yuan/ton.

Cost: Today, the market price of high-temperature coal tar in Northeast China has increased by about 100 yuan. As of now, the market price of high-temperature coal tar in Northeast China is 3775 yuan/ton. The operating rate of coke enterprises in Northeast China is relatively low, and the supply of coal tar is tight, driving the market. Prices have increased slightly, and support for carbon black cost may rebound.

Supply: The overall operation of China's carbon black market is stable. Enterprises that stopped production and maintenance in the early stage have returned to normal operating levels, and other carbon black enterprises have maintenance plans.

On the demand side: The tire market economy is running weak. Recently, there has been insufficient construction of projects and infrastructure. Domestic demand has further weakened. Enterprises are mainly in need of procurement, and market transactions are average.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on July 20 was 7,569.25, which was the same as yesterday.

4. market outlook

In the short term, positive factors are prevalent in the coal tar market, prices may rebound, and cost-side support for carbon black companies still exists. However, the demand from downstream terminal tires and other rubber products companies has not improved significantly, dragging down the carbon black market. Under the game of supply and demand, it is expected that the carbon black market will operate weakly in the short term.