Carbon black market analysis on May 21

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. Recently, the profits of coke enterprises are still good, and the enthusiasm of coke enterprises to start construction has increased significantly. Some enterprises have reached full production. The overall supply of the coal tar market is relatively loose. The coal tar market continues to be mainly weak, and there is weak support for carbon black costs.

Supply: The carbon black market operating rate is high, social inventories are gradually accumulating, and spot supplies are sufficient.

Demand side: There is insufficient demand in the terminal replacement market, and downstream tire companies have gradually increased price reduction promotion policies.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 21 was 8195, which was the same as yesterday.

4. market outlook

In the short term, the terminal is strongly suppressed, the bearish atmosphere in the high-temperature coal tar market is strong, and the support for carbon black costs is weak; the downstream tire industry is affected by market buying up but not buying down, and most of the goods received will remain in demand. It is expected that the short-term carbon black market price is weak operation.