On October 14, carbon black was temporarily consolidated at the beginning of the week, but the negative trend still exists

1. Carbon black market price

After a volatile decline this week from last week, China's carbon black market remained stable today. As of now, the price of N330 mainstream products in the carbon black market is 7,800 - 8,000 yuan/ton in Shandong; 7,800 - 8,000 yuan/ton in Shanxi; 7,800 - 8,000 yuan/ton in Hebei; 7,900 - 8,100 yuan/ton in Guangzhou; 7,800 - 8,000 yuan/ton in Zhejiang; 7,900 - 8,200 yuan/ton in Henan. At the beginning of the week, the carbon black market was currently stable.

2. carbon black index

According to Tdd-global's data, the carbon black price index on October 14 was 7,917.50, which remained stable compared with the previous working day.

3. Carbon black market impact analysis

1. Upstream raw materials: Last week, the coal tar market, a raw material for carbon black, declined in a weak manner. At the beginning of the week, the coal tar market was temporarily stabilized and consolidated. However, the commercial and investment atmosphere on the market was light, the loss situation of deep processing companies continued, and the coal tar market had no upward momentum. The support for carbon black was weak;2. The fundamentals of supply and demand for carbon black remained flat, with no obvious positive or negative factors.

There is currently no obvious news on the carbon black market, and the market situation is stable.

4. market outlook

At present, due to the temporary instability of the upstream coke at the raw material end, the loss situation of downstream deep processing enterprises is difficult to change. The overall trend of the coal tar market is currently stable, but it is still weak, which provides poor support for the carbon black cost end; the downstream demand side has recently purchased mainly because of the demand., the price of new orders is seriously depressed. The negative factors in the carbon black market have not diminished in the near future, and there is still room for downside in market prices.