Carbon black market analysis on April 1

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 - 9,500 yuan/ton.

Cost: Today, China's high-temperature coal tar market prices are maintaining stability. Some downstream companies have resumed construction after spring maintenance, which has increased their purchase volume of coal tar. Coupled with the recent tightening of coal tar production, supply and demand in the high-temperature coal tar market are slightly tight, and the market price is relatively strong, which supports the cost of carbon black well.

Supply: Recently, the overall operating rate of carbon black enterprises has been low, and the carbon black market output has dropped slightly compared with the previous period.

Demand: The overall construction of the downstream tire industry is at a high level. Orders in April are in the midst of hot purchases, and the demand side of carbon black is still supportive.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on April 1 was 9074, which was the same as the previous working day.

4. market outlook

In the short term, the market price of high-temperature coal tar is relatively strong, which supports the cost of carbon black; the downstream tire industry has started at a high level, and the enthusiasm for inquiries has increased. The number of new orders sold at the beginning of the month is still acceptable. It is expected that the market price of carbon black will be relatively strong in the short term.