Carbon black market analysis on May 23

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 7,100 - 7,900 yuan/ton.

Cost: Today, the high-temperature coal tar market is on the sidelines. Driven by the rise in raw coal tar prices, the downstream carbon black market prices have also risen. The rise in raw materials has strong support for the cost of carbon black. It is expected that the coal tar market will remain in the short term. Maintain a rebound trend.

Supply: Most carbon black companies in China maintain normal operating levels, shipments are average, and overall inventory is acceptable.

On the demand side: Downstream terminal tire and other rubber products enterprises have started and operated smoothly, finished product inventory is at a reasonable level, market receiving capacity is average, and actual order transaction volume is small.

2. Carbon black market price

3. Carbon black index analysis 

According to Tdd-global's data, the carbon black price index on May 23 was 7,527.25, which was the same as yesterday.

4. market outlook

In the short term, the raw coal tar market is operating stably and has good support for the cost side of carbon black, which has driven the price of carbon black to rise. However, terminal demand is weak, companies are generally enthusiastic about getting goods, and the market wait-and-see atmosphere is strong, dragging down the carbon black market. Market conditions, the carbon black market is expected to remain stable in the short term.