Carbon black market analysis on August 16

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 8,600 - 9,400 yuan/ton.

Cost: Today, China's high-temperature coal tar market is dominated by wait-and-see trends. The start-up of coke companies has not changed much compared with the previous period. China's high-temperature coal tar supply is still tight, but deep processing companies are more inclined to suppress coal tar and are not enthusiastic about receiving goods. The coal tar market has a strong negative atmosphere, which supports or weakens the cost of carbon black.

Supply: At present, the profit situation of carbon black companies is not good, and it is difficult to increase their enthusiasm for starting work.

On the demand side: The fundamentals of the downstream rubber market have not improved significantly, and are still in a period of turbulence and weakness. There are more inventories on the market, and traders 'replenishment sentiment is low.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on August 16 was 9,071.25, which was the same as yesterday.

4. market outlook

In the short term, the impact of production restrictions by coke enterprises still exists, and the price of raw material coal tar is high and firm, which still supports the cost side of carbon black enterprises. However, terminal rubber and tire companies are strongly resistant to high-priced carbon black, and there is no obvious benefit on the demand side. Both the supply and demand sides in the field maintain a stalemate, and the market price of carbon black is expected to remain stable in the short term.