Carbon black market analysis on January 15

1. Carbon black market analysis

Today, China's carbon black market is operating smoothly. 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 is stable. As of now, the market price of high-temperature coal tar in Shandong is 3640 yuan/ton. As the price of coal tar continues to fall, downstream factories have gradually turned from loss to profit, purchasing enthusiasm has increased, and coke companies have shown certain intentions to increase prices. The current low coal tar prices have weak support for the cost of carbon black.

Supply: At present, the supply of carbon black in China is relatively sufficient, and some carbon black companies have accumulated on-site inventories.

Demand: Tire companies that stopped production in the early stage have all resumed construction, and the capacity utilization rate of the tire industry has increased significantly. However, shipments continue to be slow, and on-site inventories have been seriously accumulated.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on January 15 was 7,572.5, which was the same as the previous working day.

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, and there is little enthusiasm for purchasing carbon black raw materials. The on-site trading atmosphere is relatively cold. It is expected that the carbon black market is weak in the short term.