Carbon black market analysis on August 7

1. Carbon black market analysis

Today, the price of carbon black in China is running steadily at a high level. As of now, the mainstream price of N330 in the carbon black market is 8,100 - 8,900 yuan/ton.

Cost: Today, the price of high-temperature coal tar in China has stabilized and fluctuated slightly. As of now, the market price in Shandong is 4810 yuan/ton. The supply of coal tar in the market is tight. Although the increase is large, downstream factories are resistant, but in the short term, the receipt of coal tar is stable, and favorable market factors continue. Coal tar prices are operating at a high level, which provides strong support for carbon black costs.

Supply: Most carbon black companies maintain normal operating levels, shipments are acceptable, and overall inventory is reasonable.

Demand side: Downstream tire companies are in the off-season of sales and have little demand for raw material procurement, but they are more willing to replenish goods on dips.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on August 7 was 8,571.25, which was the same as the previous working day.

4. market outlook

In the short term, raw material market prices are operating at high levels, and support for carbon black costs continues to be strengthened; the downstream tire and rubber products industry has general demand for high-priced carbon black supplies, but driven by the strong buying atmosphere on the market, end-user inquiries are relatively positive and the carbon black market is expected to operate stably in the short term.