Carbon black market analysis on August 21

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 8,400 - 9,200 yuan/ton.

Cost: Today, the price of high-temperature coal tar in China is weak. As of now, the market price of coal tar in Shandong is 4820 yuan/ton. The profits of deep processing enterprises are under pressure. Customers still have resistance to high-level coal tar, and coal tar still exists. Falling expectations may weaken support for carbon black costs.

Supply: Recently, the production lines of some carbon black enterprises in Shandong have been overhauled, and the starting level of other carbon black enterprises has not fluctuated much.

Demand: The overall increase in automobile production and sales in August was limited, and the market demand for semi-steel tire supporting products was temporarily stable.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on August 21 was 8,871.25, which was the same as the previous working day.

4. market outlook

In the short term, under the influence of the downward atmosphere of coal tar, carbon black cost support continues to weaken; the supply of carbon black in the market is tight, and the market decline is limited; downstream companies are affected by the price of raw material coal tar and have strong resistance to high carbon black prices. Demand for carbon black remains sluggish and has no significant improvement. The stalemate continues on the market, and the market price of carbon black is expected to remain stable in the short term.