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On October 10, carbon black raw materials were weak and unstoppable, and the market fell by an average of 200 yuan/ton

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October 10, 2024, 5:08 PM

1. Carbon black market price

Today, the price of carbon black market in China declined weakly. As of now, the mainstream price of N330 in the carbon black market is 7,800 - 8,000 yuan/ton in Shanxi; 7,900 - 8,300 yuan/ton in Hebei; 7,900 - 8,100 yuan/ton in Shandong; today, market prices in major regions of China have dropped by 200 yuan/ton.image.png

2. carbon black index

According to Tdd-global's data, the carbon black price index on October 10 was 8049, down 200 or 2.42% from yesterday.

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3. Carbon black market impact analysis

1. Upstream raw materials: Raw material coal tar deep processing enterprises have suffered serious losses and plan to stop for maintenance. The coal tar market is full of negatives, the weakness is declining, and the support for carbon black is poor;2. Downstream demand is just in need of goods, and consumers are waiting and waiting.

The carbon black market is currently greatly affected by upstream and downstream, and the price has turned sharply from the previous price consolidation to a weak decline.

4. market outlook

As the carbon black market is currently affected by its upstream and downstream fundamentals, upstream raw materials are weak and volatile, and support for carbon black is limited. It is expected that the carbon black market will continue to operate weakly in the short term.