Carbon black market analysis on August 23

1. Carbon black market analysis

Today, China's carbon black market has remained stable after yesterday's upward trend. 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 price of carbon black raw material remains stable. The price of coal tar in Shandong is 3920 yuan/ton, the price of coal tar in Shanxi is 3960 yuan/ton, and the price of coal tar in Hebei is 3950 yuan/ton. Coke enterprises have increased their production restrictions, the supply of coal tar has decreased, and downstream purchasing sentiment has gradually recovered. As well as traders have entered the market, overall demand has increased. On-site supply and demand have been tight. Coal tar prices have remained high, and carbon black cost support has been boosted.

Supply:Most enterprises across the country have limited fluctuations in the start-up, mainstream enterprises in the market continue to have relatively limited production, and other enterprises have stable operations. Some enterprises in Shanxi have maintenance and burden reduction plans, and carbon black sample enterprises have limited fluctuations in the start-up.

Demand side:On-site demand has continued to be sluggish and stable recently, and overall procurement enthusiasm is average.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on August 23 was 7994, which remained stable compared with yesterday.

4. market outlook

From the perspective of raw materials, upstream coke companies have limited production, coke still has expectations of raising and lowering, downstream purchasing sentiment has been boosted, auction prices have increased, and there is support on the cost side; from the downstream perspective, on-site demand has recently continued to be sluggish and stable, and overall purchasing enthusiasm is average. Carbon black in-market cost support will strengthen, and prices are expected to rise in the later period.