Carbon black market analysis on August 16

1. Carbon black market analysis

Today, the domestic carbon black market is still operating smoothly, and carbon black prices in various regions have remained stable without significant fluctuations. As of now, the mainstream price of N330 in the carbon black market has remained at 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 main trend of downstream coal tar asphalt is weak. The demand side is mainly focused on reducing the price of coal tar. Although the coke enterprises on the upstream supply side have limited production, it is hard to say that the supply side is good. The price of coal tar has declined. Expand, and the cost side support is not good.

Supply:The production schedule of enterprises in Shandong and Shanxi has increased, the construction of other enterprises has remained high, and the construction of carbon black sample enterprises has increased.

Demand side:Downstream companies on the demand side have recently increased their on-site replenishment due to the relatively low price of carbon black, but the overall boost has been limited; recently, inventories in the carbon black market have been relatively low, and there are certain benefits on the supply side. Prices in most regions have remained stable and prices in some regions have risen.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on August 16 was 7,761.5, which was the same as yesterday.

4. market outlook

Recently, due to the decline in coal tar prices, downstream purchasing sentiment has rebounded. However, the main deep processing companies are still weak, and the market may continue to bottom out, and cost-side support is still weak; the downstream demand side's recent replenishment sentiment has gradually weakened, and the overall boost is insufficient. Carbon black has a strong mentality of supporting prices in the market, and it is expected to wait and see to stabilize prices in the short term.