Carbon black market analysis on November 23

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 8,200 - 9,200 yuan/ton.

Cost: The price of high-temperature coal tar in China has increased today. Coking coal prices have risen, coke companies have increased losses, enthusiasm for starting work has declined, the supply of coal tar market has been tight, and downstream products have increased slightly, pushing the coal tar market upward and strengthening support for carbon black costs.

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: Overall sales in the tire industry are slow, inventory reserves are increasing, and the market has entered the off-season of consumption, and the enthusiasm of merchants to purchase goods has been significantly reduced.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on November 23 was 8,738.25, which was the same as yesterday.

4. market outlook

In the short term, the market price of raw coal tar has increased, which has strengthened support for carbon black costs; in the case of a sluggish market, the terminal tire industry has taken more goods into the market to maintain demand, and the on-site trading atmosphere is relatively cold. It is expected that the carbon black market is running smoothly in the short term.