Carbon black market analysis on May 20

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 7,800 - 8,600 yuan/ton.

Cost: Today, the price of high-temperature coal tar in China is weak. The downstream coal tar asphalt market has been oversupplied for a long time, and the market conditions are weak and difficult to change. This has brought a strong negative atmosphere to the raw material high-temperature coal tar market. In the short term, the coal tar market price will continue to be weak, and the cost of carbon black is weak.

Supply: Most carbon black companies have maintained normal production recently, and the carbon black market has sufficient spot supply.

On the demand side: Maintenance companies in the downstream tire market have resumed production one after another, but companies have greater shipping pressure and more flexible empty production.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 20 was 8195, which was the same as the previous working day.

4. market outlook

In the short term, the negative atmosphere in the high-temperature coal tar market occupies the top, and the weakness remains weak in the short term, which provides weak support for carbon black costs; the downstream tire and rubber products industry is affected by market buying and not buying, and is more cautious about carbon black procurement. It is expected that the market price of carbon black will be weak in the short term.