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1. Carbon black market price
The carbon black market is running smoothly this week 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; 7,900 - 8,300 yuan/ton in Hebei; 7,900 - 8,100 yuan/ton in Guangzhou; and 7,700 - 7,900 yuan/ton in Zhejiang. Market prices in various regions have not changed significantly this week after rising and fluctuating last week, and the market is operating stably.
2. carbon black index
According to TDD-global data, the carbon black price index on October 30 was 7928, which remained stable compared with yesterday.
3. Carbon black market impact analysis
1. Upstream raw materials: Following the rebound in raw material prices last week, the cost side supported a high level. As of today, the price of coal tar in Shandong is 3900 yuan/ton, the price of coal tar in Shanxi is 3950 yuan/ton, and the price of coal tar in Hebei is 3960 yuan/ton;2. Carbon black supply, the start of construction in some areas of Shandong and Shanxi has declined. The fluctuations in start-up in other areas are limited, and the overall start-up of carbon black sample enterprises has declined; the downstream demand market maintains a wait-and-see posture, focusing on just getting goods.
The cost of coal tar, raw material in the carbon black field, is supported at a high level, and there is no significant change. Waiting for news guidance, the market has a strong wait-and-see atmosphere.
4. market outlook
Recently, in the raw coal tar market, while the main downstream products have followed up smoothly, market positive factors still exist, but they have remained high and have little fluctuations, and the support for the cost side of carbon black has temporarily stabilized. Downstream demand for carbon black remains just in need of delivery, and market trading is limited. As of today this week, there is no clear news guidance for the carbon black market, and in the near future, it will wait and see to stabilize prices.
