March 19 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 8,700 - 9,600 yuan/ton.

Cost: The market price of high-temperature coal tar in Southwest China fell within a narrow range today. During the spring maintenance period, the number of shutdowns and overhauls of downstream carbon black companies has increased significantly. The demand for raw material procurement is mostly just demand. Coal tar prices are weak and stable, and the support for carbon black costs is still adequate.

Supply: Recently, the market price of carbon black has been low, and the overall profit of the carbon black industry has been poor. Most companies have started operations and have no plans to increase production.

On the demand side: The all-steel tire industry has sufficient orders, and companies are actively scheduling production. Some all-steel tire companies have issued price increases next month, with a range of about 3%.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on March 19 was 9,105.5, which was the same as yesterday.

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.