April 8 Carbon Black Market Analysis

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. Some downstream deep processing units have been overhauled and resumed operation, and enthusiasm for inquiries for coal tar has increased. However, there has been a certain pressure on receiving high-priced raw materials. The tight supply and demand pattern in the high-temperature coal tar market has not been alleviated yet. In the short term, the raw material market has maintained stable operation. Carbon black cost is well supported.

Supply: Most carbon black enterprises have started operations and maintained stable, and most carbon black enterprises mainly deliver pre-order orders.

On the demand side: Some downstream tire companies were undergoing maintenance at Qingming Festival and have not yet resumed construction. The operating rate of the tire industry dropped slightly.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on April 8 was 9274, which was the same as yesterday.

4. market outlook

In the short term, the price of high-temperature coal tar market is relatively strong, and the cost of carbon black is strongly supported; the downstream tire market is relatively small, and purchases of carbon black raw materials on dips, and 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.