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March 7 Carbon Black Market Analysis

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March 7, 2024, 4:03 PM

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 between 9,000 and 9,800 yuan/ton.

Cost: China's high-temperature coal tar market is on the rise today. The operating load of coke enterprises continues to decline, and the supply of coal tar in the market is low; downstream deep processing and carbon black enterprises start at high levels, and terminal demand is still acceptable. The dual positive effects of supply and demand are supported. The coal tar market price has increased again, providing strong support for carbon black costs.

Supply: Recently, some carbon black companies have started high-load production in order to complete orders, and the operating rate of the carbon black industry has fluctuated slightly.

On the demand side: Semi-steel tire enterprises have a high overall starting level, domestic and export orders are sufficient, some models are out of stock, and the inventory of finished products on site is low.

2. Carbon black market price

Carbon black market price on March 7

specifications

market

March 6

March 7

rise and fall

units

N330

Shanxi

9000-9300

9000-9300

0

Yuan/ton

Hebei

9500-9800

9500-9800

0

Yuan/ton

Guangzhou

9200-9400

9200-9400

0

Yuan/ton

Shandong

9100-9400

9100-9400

0

Yuan/ton

Zhejiang

9200-9400

9200-9400

0

Yuan/ton

Henan

9500-9800

9500-9800

0

Yuan/ton

N220

Shanxi

10200-10500

10200-10500

0

Yuan/ton

Hebei

11000-11300

11000-11300

0

Yuan/ton

Guangzhou

10100-10500

10100-10500

0

Yuan/ton

Shandong

10300-10600

10300-10600

0

Yuan/ton

Zhejiang

10300-10600

10300-10600

0

Yuan/ton

Henan

11000-11300

11000-11300

0

Yuan/ton

N550

Shanxi

9300-9700

9300-9700

0

Yuan/ton

Hebei

9700-10000

9700-10000

0

Yuan/ton

Guangzhou

9500-9700

9500-9700

0

Yuan/ton

Shandong

9400-9800

9400-9800

0

Yuan/ton

Zhejiang

9500-9700

9500-9700

0

Yuan/ton

Henan

9700-10000

9700-10000

0

Yuan/ton

N660

Shanxi

9000-9300

9000-9300

0

Yuan/ton

Hebei

9500-9800

9500-9800

0

Yuan/ton

Guangzhou

9200-9400

9200-9400

0

Yuan/ton

Shandong

9100-9400

9100-9400

0

Yuan/ton

Zhejiang

9200-9400

9200-9400

0

Yuan/ton

Henan

9500-9800

9500-9800

0

Yuan/ton

 

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on March 7 was 9366, which was the same as yesterday.

  

 

 

4. market outlook

In the short term, the market price of high-temperature coal tar has increased, which has strong support for carbon black costs; under the influence of market buying and not buying, the downstream tire industry has significantly increased inquiries into the market, and merchants have a better purchasing mentality. It is expected that the market price of carbon black is running strongly in the short term.