Carbon Black Market Analysis on July 26

1. Carbon black market analysis

Today, the market price of carbon black in some regions of China has increased. As of now, the mainstream price of N330 in the carbon black market is 7,300 - 8,000 yuan/ton.

Cost: Today, the high-temperature coal tar market is operating strongly, the prices of deep-processed products have risen, the profit margins of deep-processing enterprises have expanded, and the supply of coal tar in the field is generally tight. The coal tar market is waiting to rise, which will support or continue to enhance the cost of carbon black.

Supply: At present, most carbon black companies in China maintain normal operating levels, shipments are average, and overall inventory is acceptable.

Demand side: The all-steel tire industry continues its regular shipment status, and end customers 'demand for low-cost goods remains unchanged. Due to weak shipments and lack of willingness to stock goods, the main focus is currently to clear inventory.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on July 26 was 7,765.25, an increase of 31.5 yuan/ton from yesterday's price, or an increase of 0.4%.

4. market outlook

In the short term, the raw coal tar market is operating strongly, strengthening support for the cost side of carbon black, which has driven the price of carbon black to rise; the terminal market is cold in summer, domestic shipments are slowing down, and the demand side remains weak and suppressing, dragging down the carbon black market. Between the supply and demand game, it is expected that the carbon black market will be consolidated and operated in the short term.