March 18 Carbon Black Market Analysis

1. Carbon black market analysis

Today, the price of carbon black in China fell within a narrow range. As of now, the mainstream price of N330 in the carbon black market is 8,700 - 9,600 yuan/ton.

Cost: Today, the price of high-temperature coal tar in China is weak. Coke prices have fallen in five rounds, but coke companies still maintain a loss. Companies are generally enthusiastic about production. Most companies have no intention to increase production. The supply of coal tar market continues to be tight. Today, coal tar market prices are stable, which has a negative impact on carbon black costs. Support is acceptable.

Supply: Some enterprises in Shandong and Shanxi have been suspended for maintenance, and the overall start-up load of the carbon black industry has performed generally.

On the demand side: The starting load of the tire industry continues to operate at a high level. Some enterprises start to work close to full production, and most enterprises have good inventories.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on March 18 was 9,105.5, down 197.5 from the previous working day, or 2.12%.

4. market outlook

In the short term, the market price of high-temperature coal tar has declined within a narrow range, and the support for carbon black costs is weak; the starting load of the downstream tire industry continues to operate at a high level, and the overall demand for carbon black is relatively stable. It is expected that the market price of carbon black will remain stable in the short term.