Carbon black market analysis on February 19

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 operating smoothly. After the holiday, the first round of coke price reductions has been implemented. It is difficult to increase the operating rate of coke enterprises in the short term, and the supply of coal tar is unlikely to increase. The new price on the market is waiting for auction price guidance. At present, coal tar prices are still supporting the cost of carbon black.

Supply: After returning from the holiday, most carbon black companies returned to normal production, and on-site inventories increased slightly.

On the demand side: The overall operating rate of the downstream tire industry has increased significantly, and there is a certain need for support for raw material carbon black.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on February 19 was 8371, which was the same as yesterday.

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 construction, and there is some support on the demand side. New orders from carbon black companies are still available. It is expected that carbon black market prices are stable in the short term.