Carbon black market analysis on August 30

1. Carbon black market analysis

Today, the price of carbon black in China has increased again, and the coal tar market has rebounded upward, providing impetus for the rebound of the carbon black market. The price of new carbon black orders has increased significantly. As of now, the mainstream price of N330 in the carbon black market is between 9,100 - 9,900 yuan/ton.

Cost: Today, China's high-temperature coal tar market prices are operating smoothly. The higher auction price in Linhuan, Anhui Province has given coke companies the motivation to increase. Currently, coke companies are more enthusiastic to increase, the coal tar market atmosphere is good, and the support for the cost side of carbon black is acceptable.

Supply: Recently, carbon black manufacturers in Shandong and Shanxi have stopped production or reduced production, and the supply of carbon black market is partially tight.

Demand: At the end of the month, most tire companies maintained their purchase needs, and more purchase needs were postponed in the following month.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on August 30 was 9,571.25, up 437 yuan/ton from yesterday, or 4.78%.

4. market outlook

In the short term, the coal tar market has stopped falling and increased, and its support for carbon black costs has improved; the downstream tire industry has limited acceptance of high-priced carbon black, and the low profit level of tire companies continues to suppress carbon black procurement. It is expected that the carbon black market will be consolidated and operated at a high level in the short term.