Carbon black market analysis on April 23

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 8,400 - 9,200 yuan/ton.

Cost: Today, China's high-temperature coal tar market is operating weakly. Downstream deep-processed products have experienced a large decline, with most new orders remaining at a low level. Deep processing companies have poor operating conditions and strong resistance to high-priced raw materials. The negative atmosphere in the coal tar market is widespread, and support for carbon black costs is weak.

Supply: Some enterprises that have stopped production and maintenance in Shandong and Shanxi have no plans to start construction, and the operating rate of the carbon black market remains at around 60%.

On the demand side: Capacity utilization rate in the tire industry is mixed, corporate loads remain high, and finished product inventories show an upward trend.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on April 23 was 8774, which was the same as yesterday.

4. market outlook

In the short term, the high-temperature coal tar market is weak, which provides poor support for carbon black costs; domestic and foreign sales and shipments of the downstream tire industry are less than last month, and tire companies are making up for stocks on dips. Terminal support is weak, and supply and demand are weak. It is expected that the short-term carbon black market will operate on a wait-and-see basis.