Carbon black market analysis on May 25

1. Carbon black market analysis

Today, the price of carbon black in China has increased. As of now, the mainstream price of N330 in the carbon black market is 7,600 - 8,600 yuan/ton.

Cost: Today, the price of high-temperature coal tar in many regions of China is rising. The supply of coal tar in the market is relatively short. Downstream factories are more active in getting goods, driving high coal tar prices and providing good support for the cost of carbon black. It is expected that coal tar market will wait and see in the short term.

Supply: Most carbon black companies in China maintain normal operating levels, shipments are average, and overall inventory is acceptable.

On the demand side: The start-up situation of the downstream tire and rubber products industry is still good, but companies only buy goods when they enter the market. The demand is difficult to be optimistic and the transaction volume is small.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 25 was 8,121.75, and the price increased by 594.5 yuan/ton, an increase of 7.9%.

4. market outlook

In the short term, the market price of raw coal tar has risen, which has strong support for the cost of carbon black, driving the market price of carbon black to rise. However, the terminal downstream enterprises have poor receiving capacity. The market purchases are mainly for just-needed needs, and the on-site trading atmosphere is cold. It is expected that the carbon black market will operate steadily in the short term.