Carbon black market analysis on September 20

1. Carbon black market analysis

China's carbon black market prices remain stable today. As of now, the mainstream price of N330 in the carbon black market is 8,000 - 8,600 yuan/ton.

Cost aspect:Today, the market trend for carbon black raw materials is declining, and coal tar auction prices in many places are declining. Coal tar in Shandong is 4100 yuan/ton, down 150 yuan/ton from yesterday; coal tar price in Shanxi is 4025 yuan/ton, down 25 yuan/ton from yesterday./ton, carbon black cost support is not strong.

Supply:At present, the maintenance status of some enterprises in Shanxi continues, some preliminary maintenance enterprises in Shandong have resumed production, the rest of the enterprises have started stable operations, and the construction of carbon black sample enterprises has increased slightly.

Demand side:The downstream demand side has been less enthusiastic about obtaining goods recently, and shipments in the overall downstream market have been stable.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on September 20 was 8249, which remained stable compared with yesterday.

4. market outlook

At present, the price of raw materials is weakening, and the support of carbon black cost is not strong; downstream demand is generally weak. As the market is absorbing the impact of the Federal Reserve's sharp interest rate cut by 50 basis points, it is expected that there will be certain operating pressure on the carbon black market in the later period.