Carbon black market analysis on July 27

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 - 8,000 yuan/ton.

Cost: Today, the market price of high-temperature coal tar in some regions of China has increased. As of now, the market price of high-temperature coal tar in Shandong is 4220 yuan/ton. Due to factors such as cost pressure, environmental protection and coal mine accidents, the operating rate of coke companies has dropped somewhat. The supply of coal tar continues to be tight, and the raw material market is operating strongly, providing strong support for the cost side of carbon black.

Supply: The overall operating load of carbon black enterprises is relatively stable, and there has been no significant change in the carbon black market supply.

Demand: Recently, some Chinese tire companies have imported more Russian carbon black, which has impacted the Chinese carbon black market, and the demand in the terminal market is slightly weak.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on July 27 was 7,765.25, which was the same as yesterday.

4. market outlook

In the short term, the rising market price of raw coal tar will boost the overall market mentality and provide strong support for the cost side of carbon black; the terminal tire market will mostly maintain a digestive inventory state, and the performance of companies in obtaining goods will be flat, and the weakness on the demand side will drag down. It is expected that the carbon black market will operate steadily in the short term.