Carbon black market analysis on March 20

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: Today, China's high-temperature coal tar market prices are stable. The downstream market is weak, and the pressure on coal tar remains unchanged; the sixth round of coke price reductions has begun, the operating rate of coke companies is relatively low, and the supply of coal tar in the market is low. Coal tar prices are in a dilemma, which is a dilemma for carbon black. Cost support is acceptable.

Supply: The number of carbon black companies that have been undergoing maintenance recently has gradually increased, and the operating rate of carbon black companies has declined within a narrow range.

On the demand side: The downstream rubber market price is high, but the follow-up of terminal demand is limited. The market transaction performance is tepid, and the raw material carbon black remains in need.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on March 20 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 is consolidating, which supports the cost of carbon black. The downstream rubber and tire industries are relatively resistant to the current price of carbon black. Most inquiries are mainly based on price reductions. The market trading atmosphere is relatively dull, and it is expected that the market price of carbon black will remain stable in the short term.