Carbon black market analysis on November 2

1. Carbon black market analysis

Today, driven by the weakness of raw materials in China, the market price of carbon black has dropped by 200 yuan/ton. As of now, the mainstream price of N330 in the carbon black market is 9,200 - 10,000 yuan/ton.

Cost: The market price of high-temperature coal tar in China has declined within a narrow range today. As of now, the market price in Shandong is 4750 yuan/ton. The price of coal tar asphalt fell below the 5,000 mark, and the price difference with coal tar continued to narrow. Downstream factories were generally enthusiastic about receiving goods. The coal tar market trend was relatively pessimistic, and the support for the cost side of carbon black weakened.

Supply: Recently, the operating rate of the carbon black industry has remained high, and the overall supply of carbon black market has stabilized and increased.

On the demand side: Some products of rubber additives fell, and they were more cautious about purchasing raw material carbon black, and they were not willing to stock up in large quantities in the short term.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on November 2 was 9,671.25, down 200 yuan/ton from yesterday, or 2.02%.

4. market outlook

In the short term, the high-temperature coal tar market continues to decline, dragging down the trend of the carbon black market; the terminal tire and rubber industries have severely suppressed the price of new orders in the carbon black market, and the focus of transactions in some regions has shifted downward. It is expected that the market price of carbon black is weak in the short term.