Carbon Black Market Analysis on May 16

1. Carbon black market analysis

Today, the price of carbon black in China has dropped by 200 yuan/ton due to the impact of weak supply and demand. As of now, the mainstream price of N330 in the carbon black market is 7,800 - 8,600 yuan/ton.

Cost: The market price of high-temperature coal tar in China fell within a narrow range today. As of now, the market price of high-temperature coal tar in Shandong is 4600 yuan/ton. The sharp rise in coke prices has driven the enthusiasm of coke companies for production, and the supply of coal tar market has increased significantly. Poor operations of downstream deep processing companies have strongly suppressed coal tar market prices. Coal tar market prices have weakened and declined, providing weak support for carbon black costs.

Supply: The supply of carbon black in the market is relatively sufficient, and some carbon black companies have accumulated more inventories.

Demand: Demand in the tire replacement market at home and abroad is sluggish. Recently, some tire companies have carried out low-load production to reduce pressure.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 16 was 8195, down 200 or 2.38% from yesterday.

4. market outlook

In the short term, the negative situation in the high-temperature coal tar market still exists, and the support for carbon black costs is weak; the purchasing sentiment in the downstream tire and rubber products industry is not strong, and the market is mostly small transactions, and the transaction price is single. It is expected that the short-term carbon black market prices are weak.