Carbon black market analysis on January 23

1. Carbon black market analysis

Today, the price of carbon black in China has increased slightly. As of now, the mainstream price of N330 in the carbon black market is 7,300 - 8,000 yuan/ton.

Cost: Today, China's high-temperature coal tar market prices are maintaining stability. In some areas, coke enterprises have severely restricted production, and the supply of coal tar in the field has been slightly tight; the trend of downstream deeply processed products has improved, and enthusiasm for purchasing coal tar has increased. The coal tar market has emerged well, which has certain support for the cost of carbon black.

Supply: Recently, some carbon black companies have full short-term orders and no longer accept orders. The overall supply of carbon black market sources is relatively tight.

Demand side: The tire industry's recent shipments are still good. Some tire companies are stocking up in advance for the Spring Festival, and the atmosphere for purchasing raw material carbon black is still good.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on January 23 was 7,709.5, an increase of 137 or 1.8% from yesterday.

4. market outlook

In the short term, the raw material high-temperature coal tar market is trending better, 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.