Carbon black market analysis on October 23

1. Carbon black market analysis

Today, China's carbon black market is operating stably 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: Today, China's high-temperature coal tar market is operating weakly. The price of coal tar fell further, the loss situation of deep processing companies intensified, and negative factors in the market increased. However, due to the tight supply and demand of coal tar, the fluctuation of the coal tar market was limited, and the support for the cost side of carbon black was acceptable.

Supply: Most carbon black companies maintain normal operating levels, shipments are acceptable, and overall inventory is reasonable.

Demand side: Recently, tire companies have gradually replenished raw material inventories, and orders for carbon black have gradually decreased.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on October 23 was 10,071.25, which was the same as the previous working day.

4. market outlook

In the short term, the market price of high-temperature coal tar is operating at a high level and fluctuates, and there is still some support for the cost of carbon black; downstream tire companies have started operations to maintain a high level, but under the influence of the buying and selling atmosphere, merchants are more cautious in getting goods, and most of them remain in need. Buy. It is expected that the market price of carbon black will operate smoothly in the short term.