Carbon black market analysis on August 17

1. Carbon black market analysis

Today, the price of carbon black in China has fallen slightly due to weakening cost support. As of now, the mainstream price of N330 in the carbon black market is 8,400 - 9,200 yuan/ton.

Cost: Today, the market price of high-temperature coal tar in China has dropped by about 200 yuan per ton. As of now, the market price of coal tar in Shandong is 4820 yuan/ton. The price of new orders in the high-temperature coal tar market has declined, and the market atmosphere has continued to fall. Support for carbon black cost has weakened.

Supply: Recently, the production of some carbon black enterprises in Shandong has not yet resumed, and the supply of carbon black in the market has weakened.

On the demand side: The actual domestic demand of all-steel tire enterprises is weak, there is no significant increase in the supporting and replacement markets, shortages of some models still exist, and the circulation of goods is slightly sluggish.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on August 17 was 8,871.25, down 200 yuan/ton from yesterday, or 2.2%.

4. market outlook

In the short term, the price of raw material coal tar in some regions may continue to fall, which will decline the cost support for carbon black enterprises; downstream rubber and tire companies are generally enthusiastic about purchasing high-priced carbon black, and most inquiries remain at a low price. There is no obvious positive effect on the demand side. The market price of carbon black is expected to remain stable in the short term.