Carbon black market analysis on November 30

1. Carbon black market analysis

Today, China's carbon black market is operating weakly. As of now, the mainstream price of N330 in the carbon black market is 8,400 - 9,400 yuan/ton.

Cost: China's high-temperature coal tar market prices fell within a narrow range today. Downstream factories are difficult to get rid of the loss situation and still have a depressed attitude towards raw materials. The buying atmosphere on the market has dropped. The price of new orders in the coal tar market has dropped, and the support for carbon black costs has weakened.

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 performance of the tire replacement market fell short of expectations. The overall shipment remained just in demand. Dealers were not willing to hoard goods, and the prices of most tire brands remained stable.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on November 30 was 8,938.25, which was the same as yesterday.

4. market outlook

In the short term, the bearish atmosphere in the high-temperature coal tar market has intensified, and there is little support for carbon black costs; the downstream tire industry, supported by early carbon black stocks, has taken more goods into the market to maintain demand, and the on-site trading atmosphere is relatively cold. It is expected that there will be room for decline in the carbon black market in the short term.