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Carbon black market analysis on August 29

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August 29, 2024, 5:19 PM

1. Carbon black market analysis

Today, China's carbon black market is operating smoothly. 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 price of carbon black raw material continues to rise. Coal tar prices in Shandong increased by 180 yuan/ton, coal tar prices in Shanxi increased by 180 yuan/ton, and coal tar prices in Hebei increased by 205 yuan/ton. The supply of coal tar in the market is tightening, and the intention of deep processing companies to push up product prices. Therefore, positive factors in the market dominate the market, driving coal tar prices to continue to rise and enhancing the support effect on carbon black costs.

Supply:Mainstream enterprises in the field continue to have relatively limited production, enterprises in Shanxi have maintenance and burden reduction plans, and carbon black sample enterprises have limited fluctuations in start-up.

Demand side:Downstream demand-side tire companies have recently started construction and improved, and there is a wait-and-see atmosphere for on-site replenishment. The carbon black market is expected to continue its upward trend due to positive factors on the cost side.

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 29 was 8449, which remained stable compared with yesterday.

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4. market outlook

Today, the supply of carbon black raw materials is tight and difficult to change. Good prices are rising and cost-side support is enhanced; downstream demand-side tire companies have recently started construction and increased, and there is a wait-and-see atmosphere for on-site replenishment. The carbon black market has a strong mentality of supporting prices recently and has some support from the cost side. It is expected that prices will rise steadily in the later period.