Carbon Black Market Analysis on May 8

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 price of high-temperature coal tar in China is weak. After the increase in coke prices, the profits of most coke companies recovered, and some companies began to increase production. However, the profits of downstream deep processing companies are still losing money, suppressing the high-temperature coal tar market and providing poor support for carbon black costs.

Supply: Some low-load carbon black enterprises plan to increase production, and the overall operating rate of carbon black enterprises has increased slightly.

Demand: During the holidays, a small number of all-steel tire companies that have stopped production for maintenance are gradually resuming production, and market supply is slowly increasing.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 8 was 8695, which was the same as yesterday.

4. market outlook

In the short term, downstream companies are exerting strong pressure, the raw coal tar market continues to be weak, and the support for carbon black costs is weak; the downstream tire market demand is recovering slowly, the market supply is accumulating more, and the circulation speed is slow. It is expected that the carbon black market will be weak in the short term.