Carbon black market analysis on January 16

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 price of high-temperature coal tar in China's market is stable. The continued downward adjustment of the price of high-temperature coal tar market has led to a certain bottom-building sentiment. Some downstream traders have begun to purchase on dips. However, the overall weak situation of the coal tar market has not changed. The current low coal tar price has weak support for the cost of carbon black.

Supply: At present, most carbon black enterprises have started operations steadily, and the operating rate of carbon black enterprises mainly fluctuates within a narrow range.

Demand: Under the implementation of promotional policies, shipments in the tire market have improved compared with the beginning of the month, and the pressure on on-site inventory has eased.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on January 16 was 7,572.5, which was the same as yesterday.

4. market outlook

In the short term, the high-temperature coal tar market is consolidating at a low level, which has weak support for carbon black costs; the downstream tire industry is not in a high mood for stocking, maintaining a suppression attitude on carbon black raw materials, and the on-site trading atmosphere is relatively cold. It is expected that the carbon black market will operate in a weak manner in the short term.