June 5 Carbon Black Market Analysis

1. Carbon black market analysis

Today, the price of carbon black in China is stable. As of now, the mainstream price of N330 in the carbon black market is 7,900 - 8,900 yuan/ton.

Cost: Today, the market price of high-temperature coal tar in China is stable. As of now, the market price of coal tar in Shandong is 4360 yuan/ton. Coal tar market prices continue to be high, coke companies have experienced certain sales pressure, operating rates have been lowered, and the overall supply and demand of coal tar are slightly tight, which has certain support for the downstream market.

Supply: Today, most carbon black companies in China maintain normal operating levels. However, due to rising raw material prices, the production costs of carbon black companies have increased. Some carbon black companies have made negative production arrangements to control costs.

On the demand side: The construction of downstream terminal tire and other rubber products industries remained stable, there was no good news on the demand side, and market transactions were general.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on June 5 was 8,421.75, which was the same as the previous working day.

4. market outlook

In the short term, the market price of raw material coal tar is stable. Driven by high costs, the market price of downstream carbon black companies is rising. However, the demand of terminal downstream enterprises is weak and difficult to change, and there is no obvious good news in the market. With supply and demand on the market, it is expected that the carbon black market will wait and see in the short term.