1. Carbon black market price
At the beginning of the week, China's carbon black market was smoothly consolidated today. As of now, the price of N330 mainstream products in the carbon black market is 7,600 - 7,800 yuan/ton in Shandong; 7,600 - 7,800 yuan/ton in Shanxi; 7,700 - 8,100 yuan/ton in Hebei; 7,700 - 79,100 yuan/ton in Guangzhou; 7,600 - 7,800 yuan/ton in Zhejiang; 7,800 - 8,100 yuan/ton in Henan. With weak costs, the carbon black market stabilized prices today.
2. carbon black index
According to Tdd-global's data, the carbon black price index on October 21 was 7749, which remained stable compared with the previous working day.
3. Carbon black market impact analysis
1. Upstream raw materials: At present, the price of coal tar in Shandong is 3800 yuan/ton, the price of coal tar in Shanxi is 3900 yuan/ton, and the price of coal tar in Hebei is 3810 yuan/ton; the coal tar market, the raw material for carbon black, lacks momentum to rebound, and the low level has been arranged, which provides weak support for carbon black;2. Carbon black supply, some start-ups in Shandong remain high, while start-ups in other areas have limited fluctuations, and carbon black sample companies have increased slightly as a whole; downstream demand has maintained stable acquisition, and the sentiment of price reduction has not diminished.
The carbon black market currently has limited raw material support, and the market situation is weak.
4. market outlook
Recently, the raw material side of the carbon black market is low and difficult to rise, and there is no rebound effect. The market is expected to remain depressed and difficult to change; the downstream demand side has a certain price reduction sentiment towards carbon black. The carbon black market is temporarily waiting for news guidance and is expected to have limited fluctuations in the near future.
