Carbon black market analysis on April 7

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 8,900 - 9,700 yuan/ton.

Cost: Today, China's high-temperature coal tar market prices are maintaining stability. Spot stocks in the coal tar market are low, and downstream companies on the demand side are moving relatively slowly. The tight supply and demand pattern in the high-temperature coal tar market has not eased yet. In the short term, the raw material market is operating strongly, which supports the cost of carbon black well.

Supply: Most carbon black enterprises have started operations and maintained stable, and the carbon black market supply is relatively sufficient.

Demand: The starting load of the downstream rubber products, color masterbatches, and color paste industries is relatively stable, and there is certain support for the demand for carbon black.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on April 7 was 9274, 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 provides good support for the cost of carbon black; the downstream market receives less goods, and purchases carbon black raw materials on dips. The demand side remains weak. The supply and demand game is expected to be in the short term. Carbon black market prices are relatively strong.