Carbon black market analysis on October 16

1. Carbon black market analysis

Today, China's carbon black market is operating stably. 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 smoothly. Most downstream deeply processed products have performed in a sluggish manner. The supply of coal tar in Shanxi is tight and has an upward trend. Prices in other regions are under greater upward pressure. The current high coal tar prices have strong support for the cost of carbon black.

Supply: Some carbon black companies in Shandong have stopped production, and the overall supply of carbon black market is tight.

On the demand side: China's logistics has been gradually launched, the activity of the downstream tire replacement market has increased, the enthusiasm of tire companies to start operations has not diminished, and the capacity utilization rate has increased slightly.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on October 16 was 10,071.25, which was the same as the previous working day.

4. market outlook

In the short term, the supply of coke enterprises has gradually shrunk, pushing the coal tar market price to operate at a high level, which provides better support for the cost side of carbon black; downstream tire companies have a high starting level, and there is a strong demand for carbon black raw materials. It is expected that there will be room for upward adjustment in the short-term carbon black market.