Carbon Black Market Analysis on June 3

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 7,500 - 8,600 yuan/ton.

Cost: Today, the market price of high-temperature coal tar in China is stable. As of now, the market price of high-temperature coal tar in Shandong is 4450 yuan/ton. The prices of downstream deep-processed products have been falling endlessly, the level of losses of enterprises has continued to intensify, the enthusiasm for purchasing raw materials has continued to decline, the high-temperature coal tar market is weak and difficult to change, and there is weak support for carbon black costs.

Supply: Recently, the carbon black market has sufficient supply, and the inventory of some carbon black companies has been high for a long time.

On the demand side: The downstream rubber conveyor belt industry is understaffed, and the order volume of most companies has declined, and the raw material carbon black remains in need.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on June 3 was 7989.5, which was the same as the previous working day.

4. market outlook

In the short term, the high-temperature coal tar market is difficult to change, and there is little support for carbon black cost; 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 carbon black market price will be weak in the short term.