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On October 12, the downward trend of carbon black remained unchanged, with an overall decline of 100-300 yuan/ton

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October 12, 2024, 4:16 PM

1. Carbon black market price

Today, China's carbon black market fluctuated downward. As of now, the price of N330 mainstream products in the carbon black market is 7,800 - 8,000 yuan/ton in Hebei, down again from yesterday, down 100-200 yuan/ton; 7,900 - 8,100 yuan/ton in Guangzhou, down 200-300 yuan/ton from yesterday; 7,800 - 8,000 yuan/ton in Zhejiang, down 200 yuan/ton from yesterday; Henan is 7,900 - 8,200 yuan/ton, down 100-200 yuan/ton from yesterday. At present, the carbon black market remains weak.

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2. carbon black index

According to Tdd-global's data, the carbon black price index on October 12 was 7,917.50, a decrease of 99.25 or 1.24% from yesterday.

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3. Carbon black market impact analysis

1. Upstream raw materials: The coal tar market, the raw material for carbon black, is currently in a downturn. The commercial and investment atmosphere on the market is light. Deep processing enterprises continue to lose money. The upward trend of coal tar lacks motivation, which provides weak support for carbon black;2. The downstream demand side has recently taken goods to reduce the price. We will continue to wait and see;3. The maintenance plan for Shandong and Shanxi, the main supply producing areas, has ended, and the construction of other areas continues to be stable, with no obvious impact.

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

4. market outlook

At present, due to the temporary instability of the upstream coke at the raw material end, the losses of downstream deep processing enterprises are difficult to change. The overall trend of the coal tar market is still weak, which provides poor support for the carbon black cost end; the downstream demand side has recently purchased more mainly because of the demand, and new orders have been pressed down. The price is serious. The negative factors in the carbon black market have not diminished in the near future, and prices may fluctuate downward.