Carbon Black Market Aug 26th
01 Carbon Black Index
According to Tuduoduo data, the carbon black price index on August 26th was 6345, stable compared to the previous trading day.
02 Carbon Black Market Price
Today's carbon black market price remained generally stable. As of now, the price of mainstream N330 carbon black products is 6350 yuan/ton in Shandong; 6050 yuan/ton in Shanxi; 6450 yuan/ton in Hebei; 6600 yuan/ton in Guangzhou; and 6450 yuan/ton in Zhejiang.
03 Carbon Black Market Impact Analysis
1. Upstream Raw Materials: Coal tar prices are 3550 yuan/ton in Shandong; 3600 yuan/ton in Shanxi; and 3650 yuan/ton in Hebei. The domestic high-temperature coal tar market is weak and on the sidelines.
2. Carbon Black Supply: Carbon black plant operating rates have declined. Due to major domestic events, some major plants in Shandong, Shanxi, and Jiangxi have reduced operating rates. Overall, the overall operating rate of the carbon black market has declined.
3. Downstream Demand: Currently, companies are operating steadily, and shipping pressure remains unabated. Overall inventory continues to rise slightly, with some companies still planning maintenance at the end of the month to alleviate shipping pressure.
April Market Forecast
So far, the raw material coal tar market has shown a downward trend, but the decline is limited, and cost support has weakened. However, the carbon black market is experiencing significant losses. New orders remain stable, and downstream orders are still at high prices. Manufacturers are primarily considering their own inventory when negotiating shipping prices. The market negotiation atmosphere is generally weak, and new orders are generally stable.
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