Carbon black market analysis on August 28

1. Carbon black market analysis

Today, China's carbon black market is operating smoothly. Carbon black market prices in various regions of the country have remained stable after rising yesterday. As of now, the mainstream price of N330 in the carbon black market has remained at 8,200 - 8,800 yuan/ton.

Cost aspect:Today, the carbon black raw material side 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 prices continue to fall, and coke companies are in a state of loss. Coupled with the expectation of production restrictions, there is some upside in the coal tar cost support, so the support effect on carbon black costs has increased slightly.

Supply:Mainstream enterprises in the field continue to have relatively limited production, and most carbon black start-ups have limited fluctuations. Enterprises in Shanxi have maintenance and burden reduction plans, which may drag down on-site start-ups slightly.

Demand side:The downstream demand side has continued to need goods in the near future, and the market has maintained a wait-and-see posture.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on August 28 was 8449, which remained stable compared with yesterday.

4. market outlook

The supply side of raw coal tar has been relatively tight in the near future, and the upward trend in the market is expected to continue. However, limited demand side support is expected to limit its upward space, and carbon black cost support is expected to increase slightly. Downstream tire companies have general purchasing enthusiasm in the near future and are waiting to wait and see trend. Overall, the carbon black market may rise in the near future due to the cost boost.