June 6 Carbon Black Market Analysis

1. Carbon black market analysis

Today, the price of carbon black in China has dropped widely. As of now, the mainstream price of N330 in the carbon black market is 7,200 - 8,100 yuan/ton.

Cost: Today, the price of high-temperature coal tar in China's market is stable. The atmosphere in the high-temperature coal tar auction site is relatively negative, with frequent auction failures. The terminal market has a strong bearish sentiment. The high-temperature coal tar market is difficult to survive, and there is weak support for the cost of carbon black.

Supply: Recently, carbon black market inventories have accumulated seriously. In the short term, carbon black companies will mainly digest inventories, and the start-up and operation will remain stable.

On the demand side: The trading atmosphere in the downstream masterbatch and rubber products markets is flat, and there is a wait-and-see attitude towards raw material carbon black.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on June 6 was 7,626.5, down 363 or 4.5% from yesterday.

4. market outlook

In the short term, the market price of raw material high-temperature coal tar is constantly falling, and there is little support for the cost of carbon black; the downstream tire industry is still in the seasonal off-season, and most companies mainly digest inventories and are not enthusiastic about stocking. It is expected that the market price of carbon black is consolidating in the short term.