Carbon black market analysis on August 15

1. Carbon black market analysis

Today, the domestic carbon black market is operating smoothly. Carbon black prices in most regions have remained stable without significant fluctuations. As of now, the mainstream price of N330 in the carbon black market is between 7,400 - 8,400 yuan/ton.

Cost aspect:Today, the price of carbon black raw materials is down. The losses of deep processing enterprises on the downstream demand side are difficult to correct, the negative demand side dominates the on-site demand side, the price trend of raw materials is weak, and the support on the cost side is insufficient.

Supply:The maintenance plans of some enterprises in Shandong and Shanxi have increased and will continue. The start-up of other enterprises has remained stable. The start-up fluctuations of carbon black sample enterprises in the field have limited fluctuations, continuing the downward trend.

Demand side:Recently, with the weakening and decline of carbon black prices, on-site inquiries have increased. However, on-site procurement is still cautious, and the weak status is difficult to change. The transaction volume of new orders is still small. The mainstream on-site is used as it is, and there is insufficient support just needed.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on August 15 was 7,761.5, which was the same as yesterday.

4. market outlook

Due to the downward trend in raw material auction prices, in the short term, the losses of deep processing enterprises will be difficult to correct, and the negative demand on the on-site market is still dominant. The price of raw material is expected to continue to decline, and the support on the cost side is insufficient; the downstream demand side still has a certain sentiment to stock up in the near future, but the overall boost is limited. Low supply-side inventories in the carbon black market may support a steady upward trend in prices.