March 14 Carbon Black Market Analysis

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 9,000 - 9,800 yuan/ton.

Cost: China's high-temperature coal tar market price fell today. The downstream coal tar asphalt market is weak, terminal purchasing is passive, there is a strong feeling of suppression of coal tar, and the overall support on the demand side is weak. The coal tar market has fallen, and the support for carbon black costs has weakened.

Supply: Some enterprises in Shanxi have begun to stop work for maintenance, and the overall operating rate of the carbon black industry has declined within a narrow range.

On the demand side: There is a strong atmosphere of speculation in the downstream tire market, but the demand in the replacement market has not performed as expected, and most companies maintain a wait-and-see price policy.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on March 14 was 9366, which was the same as yesterday.

4. market outlook

In the short term, downstream support is weak, the market price of high-temperature coal tar has declined, and the support for carbon black costs has weakened; the downstream tire industry is more cautious about purchasing raw material carbon black, and inquiries into the market have decreased, mostly based on just-needed purchases. It is expected that the market price of carbon black will be weak in the short term.