Carbon black market analysis on March 26

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 maintaining stability. Shipments in the downstream carbon black market are generally slow, market inventories are slowly increasing, and there is a repressive attitude towards coal tar prices. There is a game between supply and demand. In the short term, coal tar market prices will remain stable, and the cost of carbon black is still supported.

Supply: The amount of imported carbon black in the first quarter increased significantly compared with last year, which suppressed the Chinese carbon black market and the overall enthusiasm for starting construction in the carbon black market was not good.

Demand side: China's tire replacement market economy is still recovering, with sufficient supply and average liquidity.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on March 26 was 8774, which was the same as yesterday.

4. market outlook

In the short term, the market price of high-temperature coal tar is stable and the cost of carbon black is still supported; 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. It is expected that the market price of carbon black will remain stable in the short term.