Carbon black market analysis on October 24

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 focus of coal tar asphalt transactions continues to move downward. Under the influence of negative factors such as poor terminal demand and declining corporate profits, the coal tar market is shaky. However, due to tight supply and demand in some areas, the coal tar market has limited fluctuations, which has a negative impact on the cost of carbon black. Support is still acceptable.

Supply: There is no significant fluctuation in the start of carbon black enterprises today, and the supply of carbon black market is temporarily stable.

Demand: The domestic market demand of tire companies is weak and flat. Due to the mixed price performance, most of the goods in the market are to digest inventory, and a small amount of replenishment is mainly the main reason.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on October 24 was 10,071.25, which was the same as yesterday.

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 to maintain a high level, but under the influence of the buying and selling atmosphere, most of them have just needed to buy, and on-site trading atmosphere is deserted. It is expected that the market price of carbon black will operate smoothly in the short term.