Carbon Black Market Analysis on September 24

1. Carbon black market price

Carbon black market prices in China remain stable today. As of now, the mainstream price of N330 in the carbon black market: 8,000 - 8,200 yuan/ton in Shanxi; 8,100 - 8,500 yuan/ton in Hebei; 8,100 - 8,300 yuan/ton in Shandong; after the holiday, the market has a strong wait-and-see attitude, and there is no significant fluctuation in carbon black prices in various regions.

2. carbon black index

According to Tdd-global's data, the carbon black price index on September 24 was 8249, which remained stable compared with yesterday.

3. Carbon black market impact analysis

Cost aspect:Today, the operating trend of the carbon black raw material market has declined slightly. Most regions in China are mainly wait-and-see. The price of coal tar in Southwest China has dropped by 100-200 yuan/ton. The bearish sentiment in the market is strong, and the coal tar market is difficult to strengthen, which has limited support for carbon black costs.

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:There are downward expectations for some enterprises with the main downstream demand to start construction, and the overall enthusiasm for obtaining goods is weak.

4. market outlook

Today, the central bank released policies such as reducing reserve requirements, cutting interest rates, and lowering existing mortgage interest rates, which have a greater impact on the entire market. It is expected that the market price of carbon black will be affected by macro policies in the later period and will experience rising fluctuations.