Carbon black market analysis on November 14

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 8,500 - 9,500 yuan/ton.

Cost: Today, China's high-temperature coal tar market is still mainly wait-and-see. The downstream coal tar and asphalt industry is still operating in a downturn, the overall commercial and investment atmosphere in the market is light, and the market bearish sentiment is still strong. However, the overall downstream operating rate has rebounded, and the purchasing sentiment has improved. In the short term, the decline in the coal tar market may narrow, which will affect carbon black. Cost support is weak.

Supply: Recently, the overall supply of carbon black market has been relatively sufficient, and the operating rate of the carbon black industry fluctuates mainly within a narrow range.

Demand: Under the influence of the seasonal consumption off-season, the circulation of market goods is slow, the pressure on production and marketing in the downstream tire industry has increased, and on-site 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 14 was 9,038.25, which was the same as yesterday.

4. market outlook

In the short term, the losses of downstream companies have eased, and their enthusiasm for purchasing coal tar has improved. The downward trend of the coal tar market is limited, and the support for carbon black costs is weak; the enthusiasm of the downstream terminal tire industry is still poor, and the market remains on the sidelines, and the carbon black market is expected to operate weakly and steadily in the short term.