Carbon black market analysis on October 7

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 9,600 - 10,400 yuan/ton.

Cost: Today, China's high-temperature coal tar market is quietly watching. Some 4.3-meter coke ovens in Shanxi have been completely shut down, and tens of millions of tons of coal tar production capacity have been eliminated. The supply of coal tar in Shanxi has been reduced. Positive factors in the coal tar market have been boosted, and prices have been operating at high levels, which has still sufficient support for carbon black cost.

Supply: Recently, some companies in the carbon black market have stopped production and resumed production, and the overall start-up of the carbon black industry has increased.

On the demand side: During the two-festival period, some all-steel tire enterprises carried out maintenance, which greatly delayed the overall operating rate of all-steel tire enterprises. After returning from the festival, most maintenance enterprises resumed production.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on October 7 was 10,071.25, which was the same as the previous working day.

4. market outlook

In the short term, the market for raw coal tar is running smoothly at a high level, which provides certain support for the cost of carbon black; some downstream tire companies that did not stock up before the holiday are just purchasing carbon black after the holiday, and on-site inquiries are acceptable. The carbon black market is expected to remain high in the short term.