Carbon black market analysis on January 3

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 7,800 - 8,800 yuan/ton.

Cost: Today, China's high-temperature coal tar market prices are operating smoothly. As the price of coking coal has begun to weaken, the losses of some coke companies have improved. At present, the start of coke companies is relatively stable and the market supply is relatively sufficient. Coal tar prices will continue to be weak, with weak support for carbon black costs.

Supply: Affected by environmental factors, some carbon black enterprises in major producing areas such as Shandong, Shanxi and Hebei have limited start-up.

Demand: At the beginning of the month, the overall trading atmosphere in the tire market was relatively cold, and the market mostly maintained a wait-and-see state, mainly focusing on digesting inventories.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on January 3 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 and rubber products industry is more resistant to the current carbon black offer price. Most inquiries are mainly based on price reductions, and merchants are more cautious in purchasing. It is expected that the carbon black market will operate weakly in the short term.