[Carbon Black]: Carbon Black Market Price Analysis on November 12

Carbon black market price analysis on November 12

1. carbon black index

According to TDD-global data, the carbon black price index on November 12 was 7826, which remained stable compared with the previous trading day.

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, the price of raw materials is lower, and the cost side is insufficient.

2. Carbon black supply: Early maintenance enterprises in Shanxi started construction, enterprise maintenance plans in Shandong continued, fluctuations in other regions were limited, and the carbon black market started higher;

3. Downstream demand: Semi-steel tire companies have a high start-up performance and maintain stability. Some Shandong companies have stopped and limited production, dragging down the overall start-up. The company's shipment performance is poor, the overall sales level is insufficient, and inventory digestion is slow.

4. market outlook

As of now, some areas of the upstream raw material prices in the carbon black market have fallen, cost-side support has become slightly weak, and negative factors remain relatively strong; some companies in downstream demand have recently controlled production, and the overall enthusiasm for purchasing goods is insufficient. The trading atmosphere is relatively deserted, and some factories have a high sentiment of lowering prices and purchasing goods, making it difficult to change the weak state of supply and demand. The carbon black market has a weak attitude towards supporting prices, and it is expected that some carbon black quotations may fall in the near future.