Carbon Black Market Analysis on June 11

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. Under the strong influence of oversupply and weak demand, the main downstream product coal tar asphalt, the market price fell by more than 20%. Terminal merchants had a negative mood in receiving goods. The negative atmosphere in the high-temperature coal tar market was prevalent, and there was weak support for carbon black costs.

Supply: Recently, the operating rate of carbon black enterprises has remained above 60%, and the supply of carbon black in the market is relatively sufficient.

Demand: During the Dragon Boat Festival, the number of tire repair companies increased significantly compared with last year. Maintenance companies have not yet fully resumed work, and the operating rate of the tire industry has declined within a narrow range.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on June 11 was 7,626.5, which was the same as the previous working day.

4. market outlook

In the short term, the market price of raw material high-temperature coal tar continues to fall, and there is little support for the cost of carbon black; the downstream tire and rubber products industry has low inquiries and poor enthusiasm for purchasing goods. It is expected that the market price of carbon black will operate weak in the short term.