Carbon black market analysis on December 4

1. Carbon black market analysis

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

Cost: Today, China's high-temperature coal tar market prices are operating smoothly. The supply of coal tar market continues to shrink, but the market conditions of most downstream products are still mainly declining. Negative factors have suppressed coal tar prices. In the short term, the coal tar market is weak and the cost of carbon black is not well supported.

Supply: Most carbon black companies started operations smoothly at the beginning of the week, and the overall operating rate of the carbon black industry fluctuated within a narrow range.

Demand side: Under the influence of cold winter weather, the cargo transportation volume of the northern logistics industry has decreased significantly, the demand for tire replacement has dropped sharply, and traders are not willing to replenish goods.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on December 4 was 8,938.25, which was the same as the previous working day.

4. market outlook

In the short term, the high-temperature coal tar market trend is weak, and there is little support for carbon black costs; the downstream tire industry, supported by early carbon black stocks, has purchased more when entering the market to maintain just demand, and new orders have a certain suppression attitude. It is expected that the carbon black market is stable and weak in the short term.