Carbon black market analysis on December 20

1. Carbon black market analysis

Today, the price of carbon black in China is stable. 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 operating steadily. Deep processing companies are unable to get rid of the loss situation, and the profitability of carbon black companies has also continued to narrow. Downstream coal tar procurement is still mainly based on demand. The coal tar market remains weak and provides poor support for carbon black costs.

Supply: At present, the overall start-up of the carbon black industry is stable and the supply is relatively sufficient. It is expected that the overall start-up of the carbon black industry will fluctuate within a narrow range in the short term.

On the demand side: Some all-steel tire companies have regular maintenance plans at the end of the year, and some companies have maintenance plans to reduce their burdens due to inventory pressure. The overall operating rate of the all-steel tire industry may decline.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on December 20 was 8,538.25, which was the same as yesterday.

4. market outlook

In the short term, the market price of high-temperature coal tar is relatively stable, and the support for carbon black cost is average; downstream tire and rubber products companies still have resistance to the current carbon black price, and actual orders are generally purchased at lower prices. The overall market transaction atmosphere is light, and the carbon black market is expected to operate steadily in the short term.