Carbon black market analysis on April 18

1. Carbon black market analysis

Today, the price of carbon black in China has dropped widely. As of now, the mainstream price of N330 in the carbon black market is 8,400 - 9,200 yuan/ton.

Cost: Today, the price of high-temperature coal tar in China's market fell at a high level. The degree of losses in the downstream deep processing industry continues to increase. The coal tar asphalt and industrial naphthalene markets are weak. They are suppressing high-priced coal tar, and most purchases remain in demand. The coal tar market price has fallen, and the support for carbon black costs has weakened.

Supply: Most carbon black enterprises are operating smoothly under start-up loads, and the carbon black market supply is relatively sufficient.

On the demand side: Domestic shipments of the downstream tire industry dropped significantly compared with the previous month, and foreign trade exports also shrank, but there is still some overall support.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on April 18 was 8774, down 500 or 5.39% from yesterday.

4. market outlook

In the short term, the market price of high-temperature coal tar is weak, and the support for carbon black cost is moderate; the overall performance of the downstream demand side is weak, and the enthusiasm for purchasing raw material carbon black is moderate, and it is mostly maintained on the sidelines. It is expected that the market price of carbon black will remain stable in the short term.