Carbon black market analysis on June 20
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2024-06-20 15:40:26 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 7,200 - 8,100 yuan/ton.
Cost: Today, the market price of high-temperature coal tar in China fluctuated and fell. As of now, the market price of high-temperature coal tar in Shandong is 3860 yuan/ton. Coal tar market prices have gradually bottomed out, downstream companies have a strong sentiment to stock up, coal tar spot inventories have declined, coal tar market prices have remained low in the short term, and there is weak support for carbon black costs.
Supply: Today, most carbon black companies started production and remained stable, and the operating rate of carbon black companies fluctuated slightly.
On the demand side: Domestic and external sales and shipments of downstream semi-steel tire companies showed varying degrees of decline, and corporate inventories rose, but the starting load remained stable for the time being.
2. Carbon black market price
3. Carbon black index analysis
According to Tu Duoduo's data, the carbon black price index on June 20 was 7,626.5, which was the same as yesterday.
4. market outlook
In the short term, terminal weakness is dragging on, and the raw material high-temperature coal tar market is consolidating at a low level, which has weak support for carbon black costs; the downstream tire industry has poor shipments, corporate inventory pressure is high, and there is a lack of willingness to receive raw materials. It is expected that carbon black market prices will remain stable in the short term.