Carbon black market analysis on January 11

1. Carbon black market analysis

Today, China's carbon black market continues to decline. As of now, the mainstream price of N330 in the carbon black market is 7,100 - 8,000 yuan/ton.

Cost: Today, the market price of high-temperature coal tar in China has declined widely. As of now, the market price of high-temperature coal tar in Shandong is 3640 yuan/ton. Due to the low starting price in Linhuan, a negative atmosphere swept the audience, and downstream factories had negative buying sentiments. The coal tar market price fell sharply, and the support for carbon black costs was weak.

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

Demand: Overall shipments in the tire industry are average, and demand in the Chinese market is becoming increasingly deserted. Some companies have launched large-volume promotional policies, with relatively average implementation results.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on January 11 was 7,572.5, down 263 yuan/ton from yesterday, or 3.36%.

4. market outlook

In the short term, the market price of high-temperature coal tar is low, which has weak support for carbon black costs; the downstream tire industry has a serious inventory of finished products in the field, the start-up load of enterprises is low, the enthusiasm for purchasing carbon black raw materials is not good, and the on-site trading atmosphere is relatively deserted, and it is expected that the carbon black market will be weak and consolidated in the short term.