Carbon black market analysis on January 31

1. Carbon black market analysis

Today, the price of carbon black in China is stable. As of now, the mainstream price of N330 in the carbon black market is 7,800 - 9,000 yuan/ton.

Cost: Today, China's high-temperature coal tar market prices are on the strong side. The construction of coke enterprises is relatively stable, and the supply of coal tar in the market is relatively tight; the trend of downstream deeply processed products is improving, and companies have started stocking up one after another before the year. The trading sentiment on the market has warmed up significantly. The coal tar market price is running at a high level, which has a strong impact on carbon black costs. Support is good.

Supply: Some carbon black companies are rushing to complete orders, and their capacity utilization rate is relatively high.

Demand: Spring Festival travel has begun, the demand for replacement in the tire market has gradually increased, orders from semi-steel tire companies are sufficient, and the overall starting load is high.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on January 31 was 8371, which was the same as yesterday.

4. market outlook

In the short term, the high-temperature coal tar market is relatively good and there is certain support for the cost of carbon black; the downstream tire industry was nearing completion of stocking before the year, and the purchase of goods in the market has gradually turned into just need procurement. It is expected that the carbon black market will be strong in the short term.