Carbon black market analysis on November 9

1. Carbon black market analysis

Today, under the influence of weak supply and demand in China's carbon black market, market prices have fallen again. As of now, the mainstream price of N330 in the carbon black market is 8,500 - 9,500 yuan/ton.

Cost: China's high-temperature coal tar market is declining today. As of now, the coal tar market price in Shandong is 4380 yuan/ton. Deep processing companies continue to lose money, the transaction atmosphere in the auction floor is general, and the negative atmosphere in the auction floor continues to be released. The coal tar market continues to be sluggish, with weak support for the cost side of carbon black.

Supply: Today, the start of the carbon black industry has not changed much. Most companies have started steadily, and the overall operating rate of carbon black sample companies fluctuates within a narrow range.

On the demand side: The all-steel tire market has sufficient supply, the final demand is sluggish, shipments are slow, and corporate inventories continue to accumulate.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on November 9 was 9,038.25, down 296 yuan/ton from yesterday, or 3.17%.

4. market outlook

In the short term, downstream deep processing and carbon black companies have shown average willingness to receive goods, the trend of the high-temperature coal tar market is gradually declining, and carbon black cost support is weak; the inquiry atmosphere of downstream terminal tire companies entering the market is still good, but the price reduction of new orders continues., the market maintains a wait-and-see state, and the carbon black market is expected to operate weakly and steadily in the short term.