Carbon black market analysis on November 8

1. Carbon black market analysis

Today, the price of carbon black in China is running smoothly. As of now, the mainstream price of N330 in the carbon black market is 8,800 - 9,800 yuan/ton.

Cost: Today, China's high-temperature coal tar market is operating weakly. Deep processing enterprises are difficult to get rid of the loss situation, and they are highly inclined to suppress coal tar prices. The negative atmosphere on the market continues to ferment. There are frequent sales in the coal tar auction house. The downward trend of the coal tar market is difficult to change, which has a strong impact on the cost side of carbon black. Support is weak.

Supply: Terminal demand performance declined, carbon black companies 'inventory reserves gradually increased, and the overall market supply was relatively sufficient.

On the demand side: Sales policies in the downstream tire market have been mixed, domestic sales pressure from some companies with price increases has increased, and corporate inventories have accumulated significantly.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on November 8 was 9,334.25, which was the same as yesterday.

4. market outlook

In the short term, the trend of the high-temperature coal tar market is gradually declining, and the support for carbon black costs continues to weaken; terminal tire companies, under the negative atmosphere on the market, maintain a depressed state of new orders, and their trading performance is relatively flat. It is expected that the carbon black market is consolidating in the short term.