Carbon black market analysis on August 23

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 China's high-temperature coal tar market is on the sidelines. As downstream deep processing companies are still strongly suppressing coal tar, the coal tar market has a negative atmosphere. Some new single auctions in the market are underway, and coal tar prices are eager to lower, which is very weak.

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

On the demand side: Foreign trade shipments of all-steel tire companies have slowed down, finished product inventories have accumulated, and capacity utilization has dropped compared with the previous period.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on August 23 was 8,871.25, which was the same as yesterday.

4. market outlook

In the short term, the coal tar market is in a stalemate, and cost support is weak; there is no obvious positive news in the downstream tire and rubber products industry. Basically, the raw material carbon black needs to be purchased at a lower price, and the actual orders are mostly low in the range. It is expected that the short-term carbon black market will be weak.