Carbon black market analysis on January 4

1. Carbon black market analysis

Today, the price of carbon black in China fell within a narrow range. As of now, the mainstream price of N330 in the carbon black market is between 7,500 - 8,600 yuan/ton.

Cost: Today, China's high-temperature coal tar market is down. As of now, the market price of high-temperature coal tar in Shandong is 3900 yuan/ton. The market is full of negative atmosphere, the entire industrial chain is difficult to find good results, downstream buying sentiment is sluggish, coal tar prices have fallen sharply, and support for carbon black costs is weak.

Supply: Most carbon black companies started construction steadily today, and the overall operating rate of the carbon black industry fluctuated within a narrow range.

On the demand side: The vehicle transportation market is oversupplied, and the demand for tire replacement is seriously insufficient. Tire companies are slow to ship, and finished product inventories are slow to go to the warehouse.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on January 4 was 8035.5, down 268.5 from yesterday, or 3.23%.

4. market outlook

In the short term, the decline in the high-temperature coal tar market is difficult to change, and the support for carbon black costs is weak; negative factors are flooding the carbon black market. Affected by market buying and not buying, the downstream tire and rubber products industry has become more cautious in purchasing, and supply and demand are both weak, and the carbon black market is expected to operate weakly in the short term.