Carbon black market analysis on January 17

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 coal tar market price is low, and the willingness of coke companies to actively reduce prices has weakened. However, the operating rate of downstream deep processing has declined, and on-site demand has continued to decrease. There is no good news in the coal tar market, and there is weak support for carbon black costs.

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.

On the demand side: The overall inventory reserves of semi-steel tire enterprises are lower than expectations in previous years, and shortages of some enterprises continue to exist.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on January 17 was 7,572.5, which was the same as yesterday.

4. market outlook

In the short term, the high-temperature coal tar market is operating at a low and volatile level, which has poor support for the cost of carbon black; the downstream tire and rubber products industry is affected by the market buying up and not buying down, and maintains a repressive attitude towards carbon black raw materials and is more cautious in purchasing goods. It is expected that the carbon black market will operate weakly in the short term.