1. Carbon black market price
After a significant decline in the carbon black market yesterday, China's carbon black market has temporarily stabilized today. As of now, the price of N330 mainstream products in the carbon black market is 7,600 - 7,800 yuan/ton in Shandong; 7,600 - 7,800 yuan/ton in Shanxi; 7,700 - 8,100 yuan/ton in Hebei; 7,700 - 79,100 yuan/ton in Guangzhou; 7,600 - 7,800 yuan/ton in Zhejiang; 7,800 - 8,100 yuan/ton in Henan. With weak costs, the carbon black market has stabilized prices today.
2. carbon black index
According to Tdd-global's data, the carbon black price index on October 18 was 7749, which remained stable compared with yesterday.
3. Carbon black market impact analysis
1. Upstream raw materials: At present, the price of coal tar in Shandong is 3800 yuan/ton, the price of coal tar in Shanxi is 3900 yuan/ton, and the price of coal tar in Hebei is 3810 yuan/ton. The coal tar market, the raw material for carbon black, is becoming weaker, and the decline has narrowed. Support for carbon black is limited;2. The supply of carbon black, the maintenance plans of some enterprises in Shandong and Shanxi have ended, and the start of construction in other areas continues to normal levels. The start of carbon black sample enterprises fluctuates slightly; The wait-and-see trend of downstream demand weakened in the early stage, and demand fluctuated.
Currently, the carbon black market has strong negative factors on the raw material side, and the market situation is weak.
4. market outlook
The raw material side of the carbon black market has recently declined weakly, and the market is expected to remain depressed and difficult to change; the wait-and-see situation on the downstream demand side has improved, and demand has certain rising fluctuations. The carbon black market is temporarily waiting for news guidance and is expected to have limited fluctuations in the near future.
