Carbon black market analysis on December 18

1. Carbon black market analysis

At the beginning of the week, the price of carbon black in China temporarily stabilized. As of now, the mainstream price of N330 in the carbon black market is 8,000 - 9,000 yuan/ton.

Cost: Today, China's high-temperature coal tar market is consolidating. The inventory pressure in the coal tar asphalt market, the main downstream product, is still high, and the loss situation of deep processing enterprises is difficult to alleviate. Downstream factories still purchase coal tar mainly on demand. The coal tar market remains weak and provides poor support for carbon black costs.

Supply: Today, the operating rate of carbon black enterprises fluctuated slightly, and the overall supply of carbon black market remained relatively stable.

On the demand side: The fundamentals of the rubber products and plastic masterbatch industries are performing poorly, the weak situation of many types of products is difficult to change, the demand for the procurement of raw material carbon black is not good, and the market trading atmosphere is relatively cold.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on December 18 was 8,538.25, which was the same as the previous working day.

4. market outlook

In the short term, the high-temperature coal tar market is operating on a wait-and-see basis, and its support for carbon black costs is average; the downstream tire and rubber products industry maintains a demand for raw material carbon black, and terminal demand is weak. It is expected that the carbon black market will be stable in the short term.