Carbon black market analysis on August 19

1. Carbon black market analysis

Today, the domestic carbon black market still maintains stable operation. The carbon black market prices in various regions of the country 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 material remains stable and remains weak. As deep processing enterprises continue to lose money, the operating load has dropped to a low level, so the losses of deep processing enterprises have narrowed, but the loss situation is difficult to change; coke prices have been lowered, and the profits of coke enterprises have shrunk. Most coke enterprises have implemented production restrictions, and high-temperature coal tar The output fell slightly, so the cost side of carbon black is not well supported.

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 been relatively low in carbon black prices recently, but affected by the mentality of "buying up but not buying down", their demand for on-site replenishment has been relatively weakened, and the overall situation is mainly flat.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on August 19 was 7,761.5, which was the same as the previous working day.

4. market outlook

With the widening decline in coal tar last week, the enthusiasm for on-site procurement has increased. Coupled with the recent increase in production restrictions by coke companies and the expectation of a decrease in supply, in the later period, there may be a rebound trend in the coal tar market, and cost support may strengthen; From a downstream perspective, the demand for replenishment on the demand side has been relatively weakened in the near future, and the overall situation is mainly flat. The supply side inventory of carbon black companies still exists. Recently, the good news on the market has increased, and prices are expected to rise steadily in the later period.