Carbon black market analysis on October 12

1. Carbon black market analysis

Today, China's carbon black market is operating steadily at a high level. As of now, the mainstream price of N330 in the carbon black market is between 9,600 - 10,400 yuan/ton.

Cost: China's high-temperature coal tar market increased slightly today. As of now, the market price of high-temperature coal tar in Shandong is 5180 yuan/ton. The supply in the coal tar market is relatively tight. There is a good atmosphere for downstream companies to replenish warehouses after the holiday, and there is a strong atmosphere of speculation in the market, pushing the coal tar market price upward and providing strong support for the cost side of carbon black.

Supply: Most carbon black companies maintain normal operating levels, and the overall supply of carbon black market is tight.

On the demand side: The capacity utilization rate of semi-steel tire enterprises remains high, the overall inventory in the market is at a low level, and the company's foreign trade orders provide important support.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on October 12 was 10,071.25, which was the same as yesterday.

4. market outlook

In the short term, the increase in the market price of raw material coal tar will provide better support for the cost side of carbon black; the starting level of downstream tire companies is high, and the demand side is driven by the atmosphere of buying up but not buying down. Buying in the market is more active, and the overall trading atmosphere is OK. It is expected that there will be room for upward adjustment in the short-term carbon black market.