Carbon black market analysis on March 21

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 China fell within a narrow range today. As of now, the market price of high-temperature coal tar in Shandong is 4500 yuan/ton. The market for downstream products is weak, the operating rate of enterprises has dropped significantly compared with the previous period, and there is a strong feeling of suppression of coal tar. The market price of high-temperature coal tar has declined, and the support for carbon black costs has weakened.

Supply: Today, most carbon black enterprises started and operated smoothly, and the operating rate of carbon black enterprises fluctuated slightly.

On the demand side: The speculative atmosphere in the downstream tire market is lively, which has boosted shipments to a certain extent. However, most merchants have already reserved inventories in advance, and actual trading in the replacement market is scarce.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on March 21 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, weakening the support for carbon black costs; the downstream rubber and tire industries are more resistant to the current carbon black price, and most inquiries are mainly based on price reductions. The market trading atmosphere is relatively dull, and the market price of carbon black is expected to remain stable in the short term.