Carbon Black Price in USA
- United States: 2085 USD/MT
During the final month of Q4 2023, carbon black prices in the United States demonstrated a bullish trend, reaching 2085 USD/MT.
The latest report by IMARC Group, titled “Carbon Black Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” provides a thorough examination of Carbon Black Prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price news, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.
Carbon Black Price Analysis:
- China: 1415 USD/MT
- Middle East: 1450 USD/MT
- India: 1185 USD/MT
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The study delves into the factors affecting carbon black price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/carbon-black-pricing-report/requestsample
Carbon Black Prices- Last Quarter
Carbon black, a fine black powder made of elemental carbon, is mostly utilized as a pigment in inks, coatings, and rubber goods as a reinforcement agent. The growing demand from the automobile sector, especially for tires and rubber components, fuels the worldwide black market for carbon. Its use in the production of plastics and electronics contributes to the expansion of the market. The use of specialized carbon black in high-performance materials and environmentally friendly production methods is on the rise. Technological developments in the production of carbon black are improving the quality of the product, and the move to electric cars is anticipated to increase the need for carbon black in the manufacture of batteries.
Carbon Black Industry Analysis
Prices for carbon black in North America surged in Q4 2023 as a result of things like declining mortgage rates and rising consumer expenditure. The US Auto Union strikes’ termination reduced tire suppliers’ inventory, which raised prices even further. As the EU built up its reserves, energy costs started to fall, which had an effect on consumer-driven markets. Due to supply constraints, a decline in the desire for EVs, and a slower replacement tire market as winter soured investor confidence, the demand for carbon black had deteriorated by December.
Prices for carbon black in the Asia-Pacific area stayed low in Q42023 because of an excess supply and a lackluster demand from China. Low export volumes and economic instability had an impact on the market, especially in China, Thailand, and Malaysia. Exports of electric vehicles bolstered steady demand in South Korea and Japan. Throughout the area, low domestic demand was caused by high interest rates and inflation. Although the Indian market was resilient, it did undergo a slowdown in December due to destocking brought on by seasonal factors and a decline in rural demand.
The MEA carbon black market remained stable in Q4 2023, with oversupply and weak demand, particularly due to reduced exports to Europe. Seasonal factors and transportation challenges further impacted demand in the UAE, leading to inventory buildup. Declines in the downstream rubber and tire industries weakened the market, while lower natural gas and crude prices helped ease cost pressures. The region saw a bearish trend as the market faced oversupply and subdued demand, compounded by affordability issues.
In Europe, carbon black prices fluctuated in Q4 2023, with declines in October and November followed by a rise in December. The market was influenced by imports from Russia and the Middle East, with the replacement tire market remaining subdued due to high energy costs. Government subsidies for EV sales helped buoy demand in some areas. By mid-December, speculative destocking began, but prices rebounded as Houthi attacks in the Red Sea affected supply routes and market sentiment.
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
- Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco.
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
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