[Carbon Black]: Carbon Black Market Price Analysis on November 8

Carbon black market price analysis on November 8

1. carbon black index

According to TDD-global data, the carbon black price index on November 8 was 7826, which remained stable compared with yesterday.

2. Carbon black market price

Today, the overall carbon black market remains stable. As of now, the price of N330 mainstream products in the carbon black market has increased from the same level in Shandong.7700-7900Yuan/ton; Shanxi region7600-7800Yuan/ton; Hebei region7900-8300Yuan/ton; Guangzhou area7900-8100Yuan/ton; Zhejiang region7700-7900Yuan/ton, both remained relatively stable.

3. Carbon black market impact analysis

1. Upstream raw materials: The price of coal tar in Shandong is 3850 yuan/ton, the price of coal tar in Shanxi is 3850 yuan/ton, and the price of coal tar in Hebei is 3850 yuan/ton. Judging from the current upstream coal tar prices, raw material prices have remained stable for the time being and have not continued to fall.

2. Supply of carbon black. Preliminary maintenance enterprises in Shanxi started construction, maintenance plans for enterprises in Shandong continued, fluctuations in other regions were limited, and the carbon black market started higher;

3. Downstream demand: After the all-steel tire market underwent centralized replenishment last month, the performance of the China market was weak, with channels mainly digesting inventory. The northern terminal market has gradually entered the off-season. The operators are not optimistic about the demand in the later period. The southern terminal market is dominated by regular shipments, and the overall pace of warehouse removal is slow. The pressure on production and marketing of enterprises has increased. Some enterprises have flexibly controlled production in order to ease the growth of inventory.

4. market outlook

As of now, the prices of upstream raw materials in the carbon black market have remained relatively stable for the time being, and there is no obvious direction on the cost side; some downstream demand companies have recently controlled production, and the overall enthusiasm for purchasing goods is insufficient. The market trading atmosphere is relatively cold, and supply and demand support remains weak. The carbon black market has a weak attitude towards supporting prices and is expected to remain stable and weak in the near future.