Carbon black market analysis on October 8

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 operating weakly. The auction price in Linhuan, Anhui Province fell by 50 yuan/ton, which was once again negative for the market. The prices of some deep-processed products fell yesterday, and the bullish sentiment in the market dropped. The coal tar market has a strong wait-and-see attitude, and its support for the cost side of carbon black is still acceptable.

Supply: In the early stage, some production line maintenance companies returned to normal operation, and the overall start-up of the carbon black industry increased slightly.

On the demand side: Most semi-steel tire companies maintain high production scheduling, and the overall capacity utilization rate of the companies has not changed much compared with the pre-holiday period.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on October 8 was 10,071.25, which was the same as yesterday.

4. market outlook

In the short term, the market for raw coal tar is weak and stable, and there is still some support for the cost of carbon black; although end users have certain suppression of high-priced carbon black supplies, downstream tire companies are starting at a high level and just need to perform well. The carbon black market is expected to remain high in the short term.