Carbon black market analysis on September 5

1. Carbon black market analysis

Today, China's carbon black market is operating smoothly. As of now, the mainstream price of N330 in the carbon black market is 9,100 - 9,900 yuan/ton.

Cost: Today, the price of high-temperature coal tar in China's market is stable. As of now, the market price of high-temperature coal tar in Shandong is 4600 yuan/ton. The loss situation of deep processing enterprises has narrowed, and carbon black enterprises have turned from losses to profits. In the short term, the coal tar market will continue to maintain an upward trend, providing strong support for the cost side of carbon black.

Supply: The overall inventory of the carbon black industry is low, some models are in short supply, and the market supply is tight.

On the demand side: The start-up situation of the tire industry is relatively stable. Some preliminary maintenance companies have returned to normal start-up levels. Supported by foreign trade orders, the output of enterprises is high.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on September 5 was 9,571.25, which was the same as yesterday.

4. market outlook

In the short term, the upstream cost-end coal tar market is operating well and provides strong support for carbon black; although the profits of deep processing companies have recovered, carbon black companies are more bearish; terminal tire companies are still able to start operations, but they have poor ability to receive goods in the market. The trading atmosphere is cold. It is expected that the carbon black market will be consolidated and operated at a high level in the short term.