Carbon black market analysis on August 26

1. Carbon black market analysis

Today, China's carbon black market is 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 7,700 - 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. Most of the raw materials continue to rise. Upstream coke companies have started to reduce production due to losses. Downstream demand has been limited. Coal tar prices have rebounded slightly. There is a certain upside for cost-side support, which will boost the support effect of carbon black.

Supply:Mainstream enterprises in the field continue to be relatively limited in production, while other enterprises start operations and operate stably, while carbon black sample enterprises start operations with limited fluctuations.

Demand side:On the demand-side, downstream tire companies have gradually reduced their replenishment demand recently, and overall purchasing enthusiasm has been sluggish and stable.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on August 26 was 7994, which remained stable compared with the previous working day.

4. market outlook

The upstream coke stocks of coal tar on the raw material side are expected to increase and decrease, the production restrictions of coke companies are expected to continue, and the supply side of the coal tar field is expected to remain positive to a certain extent. From the downstream perspective, the overall rebound in demand will continue, but the weakness of the main demand companies will be difficult to change. The rebound in coal tar field will be limited, and cost-side support is still expected to increase slightly; downstream demand-side tire companies have just completed their initial replenishment, and the overall purchasing enthusiasm is expected to be flat; The market price of carbon black is positive and is expected to boost slightly in the short term.