Carbon black market price analysis on November 20
1. carbon black index
According to calculations from TDD-global data, the carbon black price index on November 20 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 price, the coal tar market is quiet and wait-and-see operation, and there is no auction price guidance on the site.
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: The overall orders for domestic and foreign sales are relatively sufficient, and the equipment of semi-steel tire companies are running smoothly. However, terminal demand in China is not good, the overall shipment performance is average, and the inventory is slowly increasing. China's terminal demand is insufficient, and goods are shipped in general. Downstream replenishment is often done on demand and is purchased as needed. Some specifications are out of stock, but it has little impact on overall sales.
4. market outlook
As of now, there is no obvious guidance on the carbon black spot market. Looking at the raw material side, the coal tar market has basically maintained a wait-and-see state. Raw material prices have remained stable for the time being, and the cost side has not strong support; the actual shipments on the downstream demand side have been relatively limited in the near future., the enthusiasm for purchasing demand is average, and the main focus is just buying. The overall boost situation on the supply and demand side is due to the fact that the carbon black market has maintained a temporary stable and wait-and-see trend in the near future.
