Carbon black market analysis on January 10

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 7,300 - 8,400 yuan/ton.

Cost: Today, the price of high-temperature coal tar in China's high-temperature coal tar market is stable and downward, and the price of Yunnan's market is downward again. The upstream and downstream levels in the coal tar auction are still in a game state. It is difficult for coke companies to issue the starting price, and the receiving mood of downstream factories is still negative. The coal tar market is full of negative atmosphere and weak support for carbon black costs.

Supply: Environmental protection impacts still exist in some areas of Shandong, and the start of some carbon black enterprises is still limited.

Demand side: Affected by weak demand for raw materials, the downstream tire industry is more cautious in replenishing and purchasing.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on January 10 was 7,835.5, down 200 yuan/ton from yesterday, or 2.49%.

4. market outlook

In the short term, the high-temperature coal tar market is still declining, 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.