Carbon Black Market Analysis on May 11

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 8,000 - 8,800 yuan/ton.

Cost: Today, market prices in China's major high-temperature coal tar producing areas are operating stably. The profits of most coke companies have turned from losses to profits, and their enthusiasm for starting work has increased significantly. The capacity utilization rate of most companies has reached 80%, and some have reached full production. However, dragged by strong downstream negative positions, the coal tar market may continue to be weak in the short term., carbon black cost support is weak.

Supply: Some carbon black enterprises in Shanxi have arrangements for storage and production, and the starting load of most other carbon black enterprises has remained stable.

Demand: After the holiday, the peak shipment period of semi-steel tire companies gradually faded, and downstream buying sentiment fell.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 11 was 8395, which was the same as yesterday.

4. market outlook

In the short term, the bad news has not yet been fully digested, and the raw coal tar market continues to be weak, and there is weak support for the cost of carbon black. The downstream tire market has a large supply of goods, and most companies mainly digest inventories, and shipments in the carbon black market are not smooth. It is expected that the carbon black market will operate weakly in the short term.