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Carbon Black Market Analysis on June 19

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June 19, 2024, 4:10 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: Today, China's high-temperature coal tar market is operating stably. The enthusiasm of downstream deep processing companies to obtain goods has increased slightly, but the company's operating losses have not improved. The negative situation in the coal tar market still exists. The market price is operating at a low level, and there is weak support for carbon black costs.

Supply: The carbon black market is not good, and some carbon black enterprises in Shanxi, the main producing area, have plans to reduce production and maintenance.

On the demand side: Downstream all-steel tire companies have poor shipments, both domestic and foreign sales have declined, and the market has strong pessimism.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on June 19 was 7,626.5, which was the same as yesterday.

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4. market outlook

In the short term, the raw material high-temperature coal tar market is consolidating at a low level, which has weak support for the cost of carbon black; the downstream tire and rubber products industry is operating in poor conditions, companies are under great pressure on production and marketing, and there are still many production controls. It is expected that the market price of carbon black is stable in the short term.