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Carbon black market analysis on October 24

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October 24, 2023, 4:11 PM

1. Carbon black market analysis

Today, China's carbon black market is operating stably at a high level. As of now, the mainstream price of N330 in the carbon black market is between 9,600 - 10,400 yuan/ton.

Cost: Today, China's high-temperature coal tar market is operating weakly. The focus of coal tar asphalt transactions continues to move downward. Under the influence of negative factors such as poor terminal demand and declining corporate profits, the coal tar market is shaky. However, due to tight supply and demand in some areas, the coal tar market has limited fluctuations, which has a negative impact on the cost of carbon black. Support is still acceptable.

Supply: There is no significant fluctuation in the start of carbon black enterprises today, and the supply of carbon black market is temporarily stable.

Demand: The domestic market demand of tire companies is weak and flat. Due to the mixed price performance, most of the goods in the market are to digest inventory, and a small amount of replenishment is mainly the main reason.

2. Carbon black market price

Carbon black market price on October 24

specifications

market

October 23

October 24

rise and fall

units

N330

Shanxi

9600-10000

9600-10000

0

Yuan/ton

Hebei

10100-10400

10100-10400

0

Yuan/ton

Guangzhou

10000-10300

10000-10300

0

Yuan/ton

Shandong

9800-10200

9800-10200

0

Yuan/ton

Zhejiang

10000-10300

10000-10300

0

Yuan/ton

Henan

10100-10400

10100-10400

0

Yuan/ton

N220

Shanxi

10800-11100

10800-11100

0

Yuan/ton

Hebei

11600-12000

11600-12000

0

Yuan/ton

Guangzhou

11300-11600

11300-11600

0

Yuan/ton

Shandong

10900-11200

10900-11200

0

Yuan/ton

Zhejiang

11100-11400

11100-11400

0

Yuan/ton

Henan

11600-12000

11600-12000

0

Yuan/ton

N550

Shanxi

10000-10300

10000-10300

0

Yuan/ton

Hebei

10400-10700

10400-10700

0

Yuan/ton

Guangzhou

10500-10800

10500-10800

0

Yuan/ton

Shandong

10100-10500

10100-10500

0

Yuan/ton

Zhejiang

10400-10700

10400-10700

0

Yuan/ton

Henan

10400-10700

10400-10700

0

Yuan/ton

N660

Shanxi

9600-10000

9600-10000

0

Yuan/ton

Hebei

10100-10400

10100-10400

0

Yuan/ton

Guangzhou

10000-10300

10000-10300

0

Yuan/ton

Shandong

9800-10200

9800-10200

0

Yuan/ton

Zhejiang

10000-10300

10000-10300

0

Yuan/ton

Henan

10100-10400

10100-10400

0

Yuan/ton

 

3. Carbon black index analysis 

According to Tu Duoduo's data, the carbon black price index on October 24 was 10,071.25, which was the same as yesterday.

  

 

 

4. market outlook

In the short term, the market price of high-temperature coal tar is operating at a high level and fluctuates, and there is still some support for the cost of carbon black; downstream tire companies have started to maintain a high level, but under the influence of the buying and selling atmosphere, most of them have just needed to buy, and on-site trading atmosphere is deserted. It is expected that the market price of carbon black will operate smoothly in the short term.