Carbon black market analysis on May 27

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 7,700 - 8,600 yuan/ton.

Cost: Today, China's high-temperature coal tar market prices are operating firmly. The price of downstream coal tar asphalt market has dropped sharply and is about to fall below the 5,000 mark. This is negative for the high-temperature coal tar market. The high-temperature coal tar market still has some room for decline and lacks support for the cost of carbon black.

Supply: Recently, the carbon black market has sufficient supply, and some carbon black companies have shown signs of loosening their offer prices in order to digest their inventories.

Demand side: Under the implementation of national policies, a large amount of low-cost Russian imported carbon black has flowed into the market, and some downstream companies have chosen to purchase low-cost imported carbon black.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 27 was 8126.5, which was the same as the previous working day.

4. market outlook

In the short term, negative factors in the high-temperature coal tar market still exist, and the support for carbon black cost in the short term is weak; the downstream tire and rubber products industry mainly absorbs inventories and has little enthusiasm for entering the market to obtain goods. It is expected that the market price of carbon black is weak in the short term.