[Carbon Black]: Carbon Black Market Price Analysis on November 13

Carbon black market price analysis on November 13

1. carbon black index

According to TDD-global data, the carbon black price index on November 13 was 7808, 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 area7600-7800Yuan/ton; Zhejiang region7500-7700Yuan/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 started to maintain stability at a high level. There is still a shortage of some domestic specifications of the company. Some companies have gradually entered the final stage of snow tires. The overall situation is still in short supply, and the inventory is low.

4. market outlook

As of now, the prices of upstream raw materials in the carbon black market have remained weak, cost-side support has been slightly weak, and negative factors have remained relatively strong; some companies in downstream demand have recently controlled production. China's terminal demand is insufficient, and the downstream sentiment for purchasing goods is not high. It is mainly based on random use, and the weak state of supply and demand is difficult to change. The carbon black market has a weak attitude towards supporting prices, and it is expected that some carbon black quotations may remain weak in the near future.