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On November 6, the carbon black market held a wait-and-see attitude, and prices temporarily stabilized

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November 6, 2024, 5:31 PM

Carbon black: The market holds a wait-and-see attitude, and prices are temporarily stable

1. Carbon black market price

Today, the carbon black market is temporarily operating steadily. As of now, the price of N330 mainstream products in the carbon black market, Shandong region7800-8000Yuan/ton; Shanxi region7800-8000Yuan/ton; Hebei region7900-8300Yuan/ton; Guangzhou area7900-8100Yuan/ton; Zhejiang region7700-7900Yuan/ton. The prices of some raw materials fell, the carbon black market had a strong wait-and-see attitude, and prices were temporarily stable.

2. carbon black index

According to TDD-global data, the carbon black price index on November 6 was 7928, which remained stable compared with yesterday.

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3. Carbon black market impact analysis

1. Upstream raw materials: Today, the auction price of high-temperature coal tar by enterprises in North China has been lowered by 110 yuan/ton, the cost support has been loosened, and the market price has temporarily stabilized; as of today, the price of coal tar in Shandong is 3950 yuan/ton, and the price of coal tar in Shanxi is 3960 yuan/ton, and the price of coal tar in Hebei is 3960 yuan/ton; 2. Supply of carbon black. Recently, the number of maintenance companies in Shanxi, Shandong, and Hebei has increased, while the start-up of enterprises in other regions has limited fluctuations, while the start-up of carbon black sample enterprises has declined slightly; the downstream demand market has maintained a wait-and-see posture, mainly with goods just needed, and market transactions have been flat.

The cost of coal tar, the raw material in the carbon black market, supports a high level. Although some prices have loosened, the wait-and-see attitude of carbon black companies has intensified, while downstream demand continues to be weak. The market transaction atmosphere is deadlocked, and the market waits and sees.

4. market outlook

The overall carbon black raw material market has no obvious upward momentum in the near future, and it is in a dilemma of ups and downs. Support for carbon black has been deadlocked; downstream demand for carbon black has remained just in need of delivery, and market trading is limited. Today, the drag on carbon black market demand affects shipments, and downstream market procurement remains cautious.