Carbon Black Market Analysis on June 4

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 price of high-temperature coal tar in China's market is stable. Downstream companies purchase small amounts on demand, and corporate inventories maintain an upward trend. The number of new orders in the high-temperature coal tar market is scarce. The raw material market is operating in a sluggish manner, and there is little support for carbon black costs.

Supply: Recently, the number of maintenance companies in the carbon black industry has gradually decreased, and the carbon black market supply is relatively sufficient.

On the demand side: Foreign trade orders in the downstream tire industry have decreased compared with the previous period, and the operating load of some tire companies has declined.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on June 4 was 7989.5, which was the same as yesterday.

4. market outlook

In the short term, supply and demand in the high-temperature coal tar market are slightly unbalanced, the market conditions are not performing well, and the support for carbon black costs is weak; the downstream tire and rubber products industry is weak in need, and inquiries and stocking are low. It is expected that the carbon black market price is weak in the short term.