Carbon black market analysis on August 28

1. Carbon black market analysis

The market price of carbon black in China has risen sharply today. Although raw material prices are weak and carbon black cost support is weak, some carbon black companies have stored high-priced raw materials to produce carbon black in the early stage. The production pressure of carbon black companies has not decreased. Merchants 'push-up sentiment is high, and market prices have risen. As of now, the carbon black market N330 The mainstream price is 8,600 - 9,600 yuan/ton.

Cost: The price of high-temperature coal tar in China has temporarily stabilized today. The cost pressure on downstream factories has been significantly reduced, procurement enthusiasm has rebounded, the atmosphere of on-site negotiations has been stable, the coal and tar market has been operating stably in the short term, and support for the cost side of carbon black remains unchanged.

Supply: There is no significant fluctuation in the start of carbon black enterprises today, and the supply of carbon black market is temporarily stable.

Demand side: The current tire market is seriously involved, product profit margins are low, and agents are not willing to hoard goods. They focus on fast-in and fast-out, and the raw material carbon black is maintained at random.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on August 28 was 9,134.25, an increase of 563 yuan/ton from the previous working day, an increase of 6.57%.

4. market outlook

In the short term, negative factors in the coal tar market still dominate, and the coal tar market will continue to operate in a weak manner, with poor support for carbon black costs; the overall demand in the downstream market is stable, and the inquiry atmosphere is acceptable. It is expected that the carbon black market will be consolidated and operated in the short term.