August 8 Carbon Black Market Analysis

1. Carbon black market analysis

Today, the domestic carbon black market price is weak. As of now, the mainstream price of N330 in the carbon black market is 7,400 - 8,400 yuan/ton.

Cost aspect:The market price of high-temperature coal tar in most areas of my country has dropped below 4,000 yuan. The market for coal tar asphalt, the main product of downstream deep processing, continues to decline and is unlikely to improve. It has strongly suppressed the raw material high-temperature coal tar market. The coal tar market is operating weakly and has weak support for carbon black costs.

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

Demand side:Foreign trade orders from some downstream tire companies have been reduced, domestic sales have not been significantly boosted, and the starting load of companies has been appropriately reduced.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on August 8 was 7,768.25, which was the same as yesterday.

4. market outlook

In the short term, the market power of high-temperature coal tar is dominated by bearish market power and weak support for carbon black costs; the downstream tire industry is operating slowly, with little enthusiasm for raw material procurement, and the market trading atmosphere is relatively cold. It is expected that the market price of carbon black will be weak in the short term.