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Carbon Black Market Analysis on September 12

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September 12, 2024, 5:08 PM

1. Carbon black market analysis

Today, China's carbon black market remains weak. As of now, the mainstream price of N330 in the carbon black market is 8,200 - 8,800 yuan/ton, and the market price of carbon black in various regions of Jiangsu, Zhejiang and Shanghai has dropped slightly by 200 yuan/ton compared with yesterday.

Cost aspect:Today, the coal tar market at the cost end of carbon black is mainly wait-and-see, maintaining a high level. Entering the autumn, most companies have increased their maintenance plans. Coupled with multiple rounds of upstream coke increases and reductions, coke companies 'profits have shrunk, production cuts have intensified, and supply has continued to be low; the main downstream coal pitch and anthracene oil have performed poorly, and the coal tar market lacks upward momentum. Support for carbon black cost is limited.

Supply:Most enterprises in China have started operations smoothly. Maintenance plans for enterprises in Shanxi and Shandong have increased, and the start-up of carbon black sample enterprises has declined slightly.

Demand side:The downstream demand side continues to be mainly in need of goods, with limited on-site transactions, and overall shipments show a stable trend. The carbon black market was affected by the high level of raw materials and limited support, and prices in some areas in the market dropped slightly.

2. Carbon black market price

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3. Carbon black index analysis

According to Tu Duoduo's data, the carbon black price index on September 12 was 8407, down 42 or 0.50% from yesterday.

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4. market outlook

Today, coal tar on the raw material side remains high and has limited fluctuations; the transaction volume on the demand side has stabilized, and there is insufficient enthusiasm to pick up goods on the market. There is still a wait-and-see attitude in the carbon black market recently. In the short term, the price on the market is stable and small.