Carbon black market analysis on May 15

1. Carbon black market analysis

Today, the price of carbon black in China has temporarily stabilized. As of now, the mainstream price of N330 in the carbon black market is 6,400 - 7,300 yuan/ton.

Cost: The market price of raw material coal tar has temporarily stabilized. As of now, the market price of coal tar in Shandong is 2800 yuan/ton. Carbon black enterprises have insufficient raw material inventories, the purchasing atmosphere of downstream factories has rebounded significantly, on-site demand has increased, and high-temperature coal tar prices have shown certain signs of rebound. It is expected that the high-temperature coal tar market will wait and see in the short term.

Supply: The pressure on inventory at the cost side of carbon black has weakened. Most carbon black companies maintain normal starting levels, shipments are acceptable, and overall inventory is reasonable.

On the demand side: The downstream tire and rubber products industry started and operated smoothly, but the overall purchasing atmosphere on the site was general, and new orders severely depressed the price.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 15 was 6874.5, which was the same as the previous working day.

4. market outlook

In the short term, the market price of high-temperature coal tar shows certain signs of rebound. There is a strong wait-and-see atmosphere on the market, and there is poor support for carbon black costs. The demand of downstream companies is generally following up, and the terminal still lacks good support. It is expected that the carbon black market will be weak and stable in the short term.