Carbon black market analysis on November 6

1. Carbon black market analysis

Today, China's carbon black market is operating smoothly. As of now, the mainstream price of N330 in the carbon black market is 9,200 - 10,000 yuan/ton.

Cost: Today, China's high-temperature coal tar market is operating weakly. Recently, the supply of coal tar in the market has temporarily stabilized, downstream coal tar asphalt prices have continued to decline, the losses of deep-processed products have continued to expand, and the purchasing sentiment of coal tar is relatively negative. The downward trend of the coal tar market is difficult to change, and the support for the cost side of carbon black is weak.

Supply: Recently, the overall starting load of the carbon black industry has been relatively stable, and the carbon black market supply is relatively sufficient.

On the demand side: Under the unfavorable situation of declining raw material prices, the downstream tire industry has a strong feeling of suppressing the price of carbon black offers, and tire companies are relatively passive in receiving carbon black goods.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on November 6 was 9,671.25, which was the same as the previous working day.

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.