Carbon black market analysis on January 9

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 7,500 - 8,600 yuan/ton.

Cost: Today, the price of high-temperature coal tar in China has stabilized and fluctuated slightly, and the market price of high-temperature coal tar in Yunnan has dropped below 4,000 yuan. The receiving sentiment in the downstream market in Southwest China is negative, and the on-site inventory pressure is high. We have spared no effort to suppress the coal tar market price. Coal tar prices have dropped significantly, and there is weak support for carbon black costs.

Supply: Most carbon black companies started construction smoothly today, and the overall supply in the carbon black market is relatively sufficient.

Demand: Most tire companies that carried out early maintenance have resumed construction. Currently, the capacity utilization rate has not yet returned to the normal level, and some companies have room for growth.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on January 9 was 8035.5, which was the same as yesterday.

4. market outlook

In the short term, the market price of high-temperature coal tar is constantly falling, and there is little support for carbon black costs; demand in the downstream tire industry is gradually slowing down, enthusiasm for purchasing carbon black raw materials is not good, and the on-site trading atmosphere is relatively cold. It is expected that the carbon black market is weak in the short term.