Carbon black market analysis on October 31

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 9,400 - 10,200 yuan/ton.

Cost: Today, China's high-temperature coal tar market prices are operating smoothly. The transaction center of downstream deep-processed products continues to move downward, and the price gap with raw material coal tar continues to narrow. Deep processing companies have suffered serious losses in operations and are more cautious about purchasing coal tar. The trend of the coal tar market is not very optimistic, and the support for carbon black cost has weakened.

Supply: Recently, the operating rate of the carbon black industry has remained high, and the inventory of carbon black companies has increased significantly.

Demand: Recently, the carbon black market has continued to be weak. The downstream tire and rubber products industry has maintained on-demand procurement, and there is a strong wait-and-see atmosphere on the market.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on October 31 was 9,871.25, which was the same as yesterday.

4. market outlook

In the short term, the market price of high-temperature coal tar has weakened, which has poor support for the cost side of carbon black; terminal orders are mainly in demand, on-site trading is deserted, downstream companies are not willing to purchase, inquiries are seriously depressed, and the market is bearish. There is a strong atmosphere, and it is expected that the market price of carbon black will be weak in the short term.