Carbon Black Market Analysis on May 6

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 8,300 - 9,100 yuan/ton.

Cost: Today, the market price of high-temperature coal tar in China is stable. As of now, the market price of high-temperature coal tar in Shandong is 4710 yuan/ton. There are no new orders sold in the downstream market, and they are mostly on the sidelines of raw materials. After the holiday, the bearish sentiment in the high-temperature coal tar market is still strong, and the cost of carbon black is not well supported.

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 May 6 was 8695, which was the same as the previous working day.

4. market outlook

In the short term, the market price of raw material high-temperature coal tar continues to be weak, and there is weak support for carbon black costs; the downstream market receives less goods, and purchases of carbon black raw materials on dips. The demand side remains weak, and the fundamentals perform poorly. It is expected that the short-term carbon black market is weak.