Carbon black market analysis on December 7

1. Carbon black market analysis

Today, China's carbon black market is dragged down by a narrow decline in raw materials, and the market has fallen sharply. As of now, the mainstream price of N330 in the carbon black market is 8,000 - 9,000 yuan/ton.

Cost: The price of new orders in China's high-temperature coal tar market fell slightly today. The supply of coal tar in the field is relatively short, but there are no good expectations for downstream products. Therefore, the bearish sentiment of most downstream factories in the field still dominates the top. The market is still dominated by a negative decline, which provides poor support for the cost of carbon black.

Supply: Recently, some carbon black companies have planned for equipment maintenance, and the overall operating rate of the carbon black industry has fluctuated within a narrow range.

Demand: Recently, shipments in the tire industry have been slightly thin. Downstream traders have relatively sufficient inventories and low enthusiasm for obtaining goods. Most of them are mainly focused on filling vacancies.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on December 7 was 8,538.25, down 400 yuan/ton from yesterday, or 4.48%.

4. market outlook

In the short term, the high-temperature coal tar market is stable and declining, with weak support for carbon black costs; shipments in the downstream tire industry are average. As corporate inventories continue to rise, they are not enthusiastic about obtaining carbon black raw materials. It is expected that the carbon black market is stable in the short term.