Carbon black market analysis on August 14

1. Carbon black market analysis

Today, the domestic carbon black market is operating smoothly. Prices in Hebei remained stable today after rising slightly yesterday. Prices in most other regions have also remained stable. As of now, the mainstream price of N330 in the carbon black market is 7,400 - 8,400 yuan/ton.

Cost aspect:Today, the price of carbon black raw material has temporarily stabilized. Downstream demand-side deep processing enterprises are still losing money, coal tar trend is still weak, and cost-side support is limited.

Supply:Some enterprises in Shandong and Shanxi have increased their maintenance plans, while most of the rest of the enterprises have remained stable, while the construction of carbon black sample enterprises has declined slightly. Due to the recent low inventory of carbon black in the market, the supply side may benefit prices to stabilize and rise in a narrow range.

Demand side:The recent purchasing enthusiasm of downstream demand companies has been relatively boosted by the low on-market price of carbon black, but the low status is difficult to change. The transaction volume of new orders is still low, and the weak operation is dominated.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on August 14 was 7,761.5, which was the same as yesterday.

4. market outlook

In the short term, due to the profit loss of downstream deep processing and the low start-up, the price trend of coal tar in the raw material side is expected to be weak and continue, with limited cost support; the overall downstream demand side is mainly weak; the recent inventory in the carbon black market has been low, and the supply side may benefit prices to stabilize and rise in a narrow range.