Carbon Black Market Sep 17th
01 Carbon Black Index
According to Tuduoduo data, the carbon black price index on September 17th was 6426, stable compared to the previous trading day.
02 Carbon Black Market Price
Today's carbon black market price remained stable. As of now, the mainstream price of N330 carbon black product is 6400 yuan/ton in Shandong; 6200 yuan/ton in Shanxi; 6600 yuan/ton in Hebei; 6600 yuan/ton in Guangzhou; and 6400 yuan/ton in Zhejiang.
03 Carbon Black Market Impact Analysis
1. Upstream Raw Materials: Coal tar prices in Shandong are 3500 yuan/ton; 3470 yuan/ton in Shanxi; and 3520 yuan/ton in Hebei. The domestic high-temperature coal tar market remains on the sidelines, with limited new orders.
2. Carbon Black Supply: Carbon black companies are operating at higher rates. Factories in Shanxi that were previously undergoing maintenance have resumed operations, while some production lines in Shandong have not yet resumed maintenance. Some companies in Northwest China are still undergoing maintenance and are expected to resume operations after the holiday. Consequently, the operating rate of the on-site carbon black market has increased.
3. Downstream Demand: Most companies are operating steadily. However, some semi-steel tire companies are experiencing shortages of some domestically sold specifications due to production scheduling and concentrated foreign trade shipments. This has impacted the domestic market's order fill rate to some extent, but the current shortages have little impact on overall market demand.
04 Market Forecast
So far, the raw material coal tar market has been relatively strong, providing some support from cost factors. However, the downstream market is willing to push down prices at high levels, while remaining resistant to them. New order negotiations remain at last month's prices, and the carbon black market is generally maintaining a firm price position.
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