Carbon black market price analysis on November 22
1. carbon black index
According to calculations from TDD-global data, the carbon black price index on November 22 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 coal tar price in Shandong is 3750 yuan/ton, the coal tar price in Shanxi is 3710 yuan/ton, and the coal tar price in Hebei is 3800 yuan/ton; China's high-temperature coal tar market as a whole is still showing an upward trend, and the overall downstream start-up is relatively high. Therefore, although the coal tar market will maintain a rebound in the short term, its sustainability remains to be seen.
2. Carbon black supply: Large-scale enterprises in mainstream areas have resumed construction. Some enterprises have started higher due to the heating season, other areas have started to operate smoothly, and carbon black sample enterprises have started higher overall;
3. Downstream demand: The overall shipment performance of tire companies is slow, demand is flat, market inventory digestion is slow, and active purchase sentiment is low. In order to withdraw funds, agents do not rule out the behavior of autonomous transfer of profits. However, companies have considered cost pressure and adjusted prices relatively cautiously, and more stability will be maintained during the month.
4. market outlook
As of now, the market price of carbon black has basically remained stable. Looking at the raw material side, market prices in some regions have rebounded. However, the downstream demand side is still weak, the overall rebound momentum is limited, and the cost side support is relatively general; the downstream demand side is only enthusiastic about getting goods. The carbon black market has a strong wait-and-see atmosphere and is expected to temporarily stabilize operations.
