Carbon black market analysis on February 18

1. Carbon black market analysis

Today, China's carbon black market 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 operating smoothly. Most coke enterprises started and operated smoothly and basically maintained the pre-holiday production status. Coal tar enterprises have no inventory pressure, and new prices on the market are waiting for auction price guidance. Currently, coal tar prices are still supporting the cost of carbon black.

Supply: During the Spring Festival, some carbon black enterprises reduced production, and most carbon black enterprises returned to normal production after the holiday.

On the demand side: Downstream tire companies have started to resume production one after another, and the overall operating rate of tire companies has increased significantly.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on February 18 was 8371, which was the same as the previous working day.

4. market outlook

In the short term, the market price of high-temperature coal tar is stable and has strong support for the cost of carbon black; most companies in the downstream tire industry have resumed production, and the pre-holiday inventory has not yet been fully digested. Most of the purchase of carbon black raw materials is based on just demand. It is expected that the market price of carbon black will remain stable in the short term.