< img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=2433975083660159&ev=PageView&noscript=1" />

Carbon black market analysis on August 20

1,894
August 20, 2024, 4:13 PM

1. Carbon black market analysis

Today, the domestic carbon black market is still operating smoothly, and the carbon black market prices in various regions of the country have remained stable. 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, carbon black raw materials are weak and difficult to change. Upstream coke companies of coal tar have increased their efforts to limit production, but downstream deep processing companies are still at a loss. On-site prices are difficult to change and continue to test expectations. For carbon black, the cost side support is not good.

Supply:The production schedule of enterprises in Shandong and Shanxi has increased, while the rest of the enterprises has maintained a high level of start-up, and the start-up of carbon black sample enterprises has maintained an upward trend.

Demand side:Demand-side tire companies have mainly received sluggish goods recently, and their weak state is difficult to change.

2. Carbon black market price

图片9.png

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on August 20 was 7,761.5, which was the same as the previous working day.

图片1.png

4. market outlook

The overall decline in raw materials has widened, prices are approaching the bottom, and on-site traders have increased their enthusiasm for purchasing. However, downstream deep processing companies are still mainly weak in the near future, and the market may continue to explore slightly, resulting in insufficient support on the cost side; downstream tire companies have been reluctant to change their recent purchasing price suppression, and they are expected to operate slowly in the short term.