On October 11, carbon black raw materials continued to be weak, and the market fell again compared with yesterday.

1. Carbon black market price

Carbon black market prices in China fell again today following yesterday. As of now, the mainstream price of N330 in the carbon black market has remained stable in Shanxi, Guangzhou, Zhejiang, and Henan regions compared with yesterday; the market price in Hebei region is 7,900 - 8,200 yuan/ton, down 100 yuan/ton from yesterday; and 7,800 - 8,000 yuan/ton in Shandong region, down 100 yuan/ton from yesterday; the carbon black market currently remains in a downturn.

2. carbon black index

According to Tdd-global's data, the carbon black price index on October 11 was 8,016.75, a decrease of 32.35 or 0.40% from yesterday.

3. Carbon black market impact analysis

1. Upstream raw materials: The downward trend in the price of raw coal tar is obvious. As of now, the price of coal tar in Shandong is 3900 yuan/ton, the price of coal tar in Shanxi is 3900 yuan/ton, and the price of coal tar in Hebei is 4000 yuan/ton. The overall downward trend is 100-150 yuan/ton, which is weak in support of carbon black;2. The downstream demand side has not reduced the price in the near future and continues to wait and see.

The carbon black market is currently affected by negative factors of raw material coal tar, and the market situation tends to be weak.

4. market outlook

As the weakness of carbon black raw materials remains unchanged, negative factors dominate the carbon black market, and there is no obvious news guidance on other impact effects. It is expected that the carbon black market will continue to operate in a weak manner in the short term.