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On September 30, the carbon black price was consolidated before the festival and the operation was smooth

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September 30, 2024, 4:15 PM

1. Carbon black market price

Today, China's carbon black market is operating smoothly. 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; before the National Day, the carbon black market continued to hold prices on the sidelines, and the market price remained stable.

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2. carbon black index

According to Tdd-global's data, the carbon black price index on September 30 was 8249, which remained stable compared with yesterday.

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3. Carbon black market impact analysis

1. Cost: Today, coal tar at the raw material end of carbon black is stable. The price in the Shandong spot market remains at 4050 yuan/ton compared with yesterday's negotiation; the price of new orders in the Shanxi market remains at 4000 yuan/ton. The fluctuations in raw materials before the festival were limited, and the trend in the later stages of the market was still weak, which did not support the cost of carbon black. 2. The pre-holiday transaction atmosphere on the downstream demand side was flat and remained stable without obvious benefits.

Factors influencing the fundamentals of carbon black remained stable, and the carbon black market stabilized.

4. market outlook

The fluctuations in carbon black raw materials before the festival are limited, and the support on the cost side is temporarily suspended; the overall downstream demand side has been weak recently and it is difficult to boost it. The carbon black market has a strong wait-and-see atmosphere and is expected to operate steadily in the near future.