On October 22, the carbon black market was in a downturn, waiting for follow-up news guidance

1. Carbon black market price

There is no clear news guidance today, and China's carbon black market has stabilized prices. 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.

2. carbon black index

According to TDD-global data, the carbon black price index on October 22 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, lacks momentum to rebound, and is temporarily stabilized at a low level, which provides insufficient support for carbon black;2. Carbon black supply, some start-ups in Shandong remain high, while start-ups in other areas have limited fluctuations, and the overall start-up of carbon black sample enterprises has increased slightly; the downstream demand market maintains a wait-and-see attitude, focusing on just getting goods.

Currently, the carbon black market has limited support for raw materials, a strong wait-and-see atmosphere, and limited market price fluctuations.

4. market outlook

There is a lack of market news guidance in the near future, and the rebound momentum of raw materials is insufficient, and the weakness is difficult to change. Today, the consolidation remains stable and low, and there is no support for the carbon black market. The downstream demand side is still not enthusiastic about obtaining goods in the near future, and the overall demand continues. The upstream and downstream markets are currently in a downturn with no obvious impact. The carbon black market is expected to temporarily wait and see to stabilize prices.