Carbon Black Market Analysis on September 18

1. Carbon black market analysis

Carbon black prices fell before the holiday, and Chinese carbon black market prices remained stable today. As of now, the mainstream price of N330 in the carbon black market is 8,000 - 8,600 yuan/ton.

Cost aspect:After the eighth round of price cuts by upstream coke companies for carbon black raw materials was implemented, the profits of coke companies shrank again. In addition, the losses of downstream deep processing companies were difficult to correct, so it was difficult to benefit both sides of supply and demand, and the cost side was generally supported.

Supply:The maintenance status of some enterprises in Shandong and Shanxi continues, while the rest of the enterprises start operations at normal levels, and the fluctuations in the start-up of carbon black sample enterprises are limited.

Demand side:Due to some replenishment in the early stage, the downstream demand side has been running weak in the near future, and it is feeling like taking goods and storing them to suppress prices.

The carbon black market has been affected by weakening demand recently, and the overall price has fallen before the holiday. It is expected that the carbon black market will be weakened and consolidated in the short term.

2. Carbon black market price

3. Carbon black index analysis

According to Tdd-global's data, the carbon black price index on September 18 was 8249, which remained stable compared with the previous working day.

4. market outlook

The profits of upstream coke companies on the raw material side of coal tar have shrunk, and the losses of downstream deep processing companies are difficult to correct. There is a lack of benefits on the market, and the support on the cost side is not strong. There is a certain replenishment demand on the downstream demand side recently, but the boost is limited. The wait-and-see atmosphere in the carbon black market is strong, and it is expected that the weak situation in the market will be sorted out.