Carbon black market analysis on December 5

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: The market price of high-temperature coal tar in some regions of China fell within a narrow range today. The overall performance of the main downstream products, coal tar pitch and carbon black, is still weak. Downstream companies have a negative attitude towards receiving raw materials, coal tar, and there is a strong pressure when negotiating new orders in some regions. In the short term, the coal tar market is weak, which provides poor support for the cost of carbon black.

Supply: Most carbon black companies started construction steadily today, and the overall operating rate of the carbon black industry fluctuated within a narrow range.

Demand: The overall profit of the tire industry has been moderate recently, the start-up and operation of enterprises has been relatively stable, and the market price policy has been stable.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on December 5 was 8,938.25, which was the same as yesterday.

4. market outlook

In the short term, the trend of the high-temperature coal tar market is slightly sluggish, and the cost of carbon black is not well supported; the downstream tire industry purchases on dips and only maintains just demand when entering the market. The attitude of ordering new orders is more cautious, and the market trading atmosphere is relatively cold. It is expected that the carbon black market will be stable and weak in the short term.