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Carbon black market analysis on August 21

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August 21, 2024, 4:20 PM

1. Carbon black market analysis

Today, China's carbon black market is still operating smoothly, and 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, the carbon black raw material side is temporarily waiting and seeing. The deep processing of coal tar in the downstream market is difficult to correct losses. However, as coke companies restrict production and downstream traders increase their willingness to purchase, their rebound trend will not be ruled out in the later period, and the cost support is moderate.

Supply:The production schedule of enterprises in Shandong and Shanxi has increased, while most of the rest of the enterprises have started operations at a high level, while carbon black sample enterprises have started operations and gone up. The attitude of promoting prices in the carbon black market has not diminished, and the supply side has maintained a positive situation.

Demand side:Recently, the downstream demand side has taken more goods as they please, and the overall shipment has shown a stable trend, while the carbon black demand side has been operating calmly.

2. Carbon black market price

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3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on August 21 was 7,761.5, which was the same as the previous working day.

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4. market outlook

The deep processing of coal tar in the raw material side is difficult to rectify losses. However, as coke companies restrict production and downstream traders increase their willingness to purchase, its rebound trend will not be ruled out in the later period. The cost side support is average: the downstream demand side continues to operate flat, with limited fluctuations. Inventories on the supply side of carbon black in the market continue to be low, and the price trend is expected to run smoothly in the short term.