1. Carbon black market price
At the beginning of the week, the carbon black market was smoothly consolidated today. As of now, the price of N330 mainstream products in the carbon black market is 7,800 - 8,000 yuan/ton in Shandong; 7,800 - 8,000 yuan/ton in Shanxi; 7,900 - 8,300 yuan/ton in Hebei; 7,900 - 8,100 yuan/ton in Guangzhou; and 7,700 - 7,900 yuan/ton in Zhejiang. Market prices in various regions have temporarily remained stable after a significant increase in the previous cycle.
2. carbon black index
According to TDD-global data, the carbon black price index on November 4 was 7928, which remained stable compared with the previous working day.
3. Carbon black market impact analysis
1. Upstream raw materials: Following the rebound in raw material prices in the previous cycle, the recent upward momentum in the raw material market has been insufficient, and cost-side support has been temporarily consolidated at a high level. As of today, the price of coal tar in Shandong is 3950 yuan/ton, the price of coal tar in Shanxi is 3960 yuan/ton, and the price of coal tar in Hebei is 3960 yuan/ton;2. Supply of carbon black. Recently, the number of maintenance companies in Shanxi, Shandong, and Hebei has increased, and the fluctuations in the start-up of enterprises in other regions have been limited, while the start-up of carbon black sample enterprises has dropped slightly; the downstream demand market has maintained a wait-and-see attitude, focusing on just demand for goods, and market transactions have been flat.
The cost of coal tar, raw material in the carbon black field, supports a high level of consolidation, and there are no obvious positive factors. The market has a strong wait-and-see atmosphere, and the consolidation is temporarily stable.
4. market outlook
Following the improvement of the coal tar market, the raw material for carbon black in the previous cycle, the increase in most regions has narrowed in recent days. As some regions show signs of decline, the overall market has no obvious upward momentum, and the ups and downs are in a dilemma. Support for carbon black has been deadlocked; downstream demand for carbon black remains just in need of delivery, and market trading is limited. As of the beginning of the week, there was no clear positive and negative news in the carbon black market today, and the market was temporarily stable and stable.
