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Raw material prices temporarily stabilized on October 23, and the carbon black market is expected to be consolidated with a boost

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October 23, 2024, 3:49 PM

1. Carbon black market price

There is no significant fluctuation in carbon black prices 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.image.png

2. carbon black index

According to TDD-global data, the carbon black price index on October 23 was 7749, which remained stable compared with yesterday.image.png

3. Carbon black market impact analysis

1. Upstream raw materials: Raw material prices have temporarily stabilized. Currently, the coal tar price in Shandong is 3800 yuan/ton, the coal tar price in Shanxi is 3900 yuan/ton, and the coal tar price in Hebei is 3810 yuan/ton; the coal tar market, the raw material for carbon black, lacks momentum to rebound, and the low level is temporarily stabilized. The support for carbon black is limited;2. For carbon black supply, some start-ups in Shandong remain high, while the start-ups in other areas have limited fluctuations. The overall start-ups of carbon black sample enterprises have increased slightly; The downstream demand market maintains a wait-and-see posture, focusing on getting goods just on demand.

There is no obvious news support in the carbon black market, and market price fluctuations are limited.

4. market outlook

Recently, the raw material market has rebounded to a certain extent. However, due to losses in the downstream deep processing industry, the rebound is expected to be limited. The downstream demand side has been mainly in demand for goods recently, and the overall boost is small. The carbon black market has recently maintained a positive price mentality, and prices are expected to fluctuate in the later period.