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Carbon Black Market Analysis on June 17

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June 17, 2024, 4:27 PM

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 7,200 - 8,100 yuan/ton.

Cost: China's high-temperature coal tar market prices remain stable today. The market conditions of downstream deep processing and carbon black enterprises are poor, the operating rate has declined, the raw material coal tar needs are not well supported, the high-temperature coal tar market is weak and difficult to change, and the support for carbon black costs is weak.

Supply: Some carbon black enterprises in Shanxi have maintenance plans, and the operating rate of the carbon black market has dropped slightly.

On the demand side: Some tire companies have resumed construction after maintenance. The overall operating rate of the tire industry has increased slightly, but the overall performance of company shipments is average.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on June 17 was 7,626.5, which was the same as yesterday.

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4. market outlook

In the short term, the market for raw material high-temperature coal tar is weak and difficult to change, and there is little support for carbon black costs; downstream tire and rubber products companies are generally enthusiastic about getting goods, have a strong sentiment of price reduction, and purchase more on dips. It is expected that the market price of carbon black is weak in the short term.