Carbon black market analysis on April 25

1. Carbon black market analysis

Today, the price of carbon black in China fell within a narrow range. As of now, the mainstream price of N330 in the carbon black market is 8,300 - 9,100 yuan/ton.

Cost: The price trend of high-temperature coal tar in China is declining today. As of now, the market price of high-temperature coal tar in Shandong is 4710 yuan/ton. Tensions between supply and demand in the high-temperature coal tar market still exist. Coal tar prices continue to decline, and support for carbon black costs weakens.

Supply: Today, the start of the carbon black industry has not changed much. Most companies have started steadily, and the overall operating rate of carbon black sample companies fluctuates within a narrow range.

On the demand side: Inventory accumulation in the tire market is serious, and raw material prices have recently declined. Some tire companies have implemented certain promotional policies to promote shipments.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on April 25 was 8695, down 79 or 0.9% from yesterday.

4. market outlook

In the short term, the high-temperature coal tar market is weakening, which has poor support for carbon black costs; the downstream tire and rubber products industry has difficulty maintaining high shipments and has a repressive attitude towards raw materials. The carbon black market has a negative atmosphere. It is expected that the carbon black market is running in a weak position in the short term.