Carbon black market analysis on December 27

1. Carbon black market analysis

Today, the price of carbon black in China has temporarily stabilized. As of now, the mainstream price of N330 in the carbon black market is 7,800 - 8,800 yuan/ton.

Cost: Today, China's high-temperature coal tar market is still weak. This week, there are frequent sales in coal tar auctions, and the negative atmosphere in the market continues to spread. The overall downstream market is still depressed. There is a strong atmosphere of suppression on raw materials. The coal tar market has a certain room for decline and lacks support for carbon black costs.

Supply: Recently, some carbon black companies have completed their annual plans, with high overall starting loads and high monthly output expectations.

Demand side: Affected by environmental protection policies, some tire companies have limited start-up restrictions and have certain maintenance plans. The output of the tire industry has further declined.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on December 27 was 8304, which was the same as yesterday.

4. market outlook

In the short term, the high-temperature coal tar market is operating in a weak position and has general support for carbon black costs; the downstream tire industry is in a seasonal off-season, and a new round of order signing plans is about to begin, but it is relatively inconsistent with the current carbon black offer price. Most inquiries are mainly based on price reductions, and the purchasing mentality is relatively cautious. It is expected that the carbon black market will operate weakly in the short term.