Carbon black market analysis on January 22

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: China's high-temperature coal tar market prices were stable at the beginning of the week. The prices of some downstream products have rebounded to a certain extent, and downstream companies have seen profit margins. Positive factors in the coal tar market have increased. Buying sentiment in the market has increased. Supply of goods has tightened. Coal tar prices have a strong willingness to increase. Currently, low coal tar prices have weak support for carbon black cost.

Supply: Recently, the overall operating load of carbon black enterprises has been reduced significantly, and the supply of carbon black market has been relatively tight.

On the demand side: Some enterprises of all-steel tires have begun to stock up before the holidays, and the overall capacity utilization rate has increased month-on-month.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on January 22 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 has a certain upside, which supports or strengthens the cost of carbon black; the downstream tire industry has started stocking plans before the year, and the enthusiasm for inquiries has increased compared with the previous period, and market transactions have increased slightly. It is expected that the carbon black market is running strongly in the short term.