Carbon black market price analysis on November 18
1. carbon black index
According to calculations from TDD-global data, the carbon black price index on November 18 was 7626.5, which was stable from 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.7500-7700Yuan/ton, Shanxi region7400-7600Yuan/ton; Hebei region7600-7800Yuan/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 3700 yuan/ton, the price of coal tar in Shanxi is 3660 yuan/ton, and the price of coal tar in Hebei is 3750 yuan/ton. Judging from the current upstream coal tar prices, the market has not improved significantly compared with the previous period. The negative market still needs to be digested, and coal tar prices have stabilized, but the downturn is difficult to change.
2. Carbon black supply: The overall start-up in mainstream areas has increased, and some maintenance companies have resumed production. Changes in other areas have been limited, and the overall start-up of carbon black sample companies has increased;
3. Downstream demand: Semi-steel tyre enterprises have sufficient orders, enterprises maintain high levels of operation, maintenance enterprises are gradually resuming work, there is room for slight improvement in the capacity utilization rate of all steel tyre sample enterprises, and some enterprises are still in a state of flexible production control.
4. market outlook
As of now, the coal tar market in China, the upstream raw material in the carbon black market, has continued to be in a downturn in the short term, and the cost support is showing signs of fatigue; downstream terminal demand is insufficient, and the actual digestion progress is slow. Currently, goods are shipped sporadically between channels, and market trading activity is reduced. The carbon black market is mostly negative in the carbon black market, and it is expected that some carbon black quotations may remain stable and weak in the near future.
