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 Carbon Black 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
Report Offering:
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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 is a fine black powder composed of elemental carbon, primarily used as a reinforcing agent in rubber products, pigments in inks, and coatings. The global carbon black market is driven by rising demand from the automotive industry, particularly for tires and rubber components. Its application in electronics and plastics manufacturing also supports market growth. Trends include increasing adoption of specialty carbon black in high-performance materials and sustainable production practices. Technological advancements in carbon black manufacturing are enhancing product quality, while the shift toward electric vehicles is expected to create additional demand for carbon black in battery production.
Carbon Black Industry Analysis
In Q4 2023, carbon black prices in North America rose due to factors like falling mortgage rates and increased consumer spending. The end of the US Auto Union strikes depleted inventories among tire suppliers, further driving up prices. Energy prices began to decline as EU stockpiled reserves, impacting consumer-driven markets. By December, demand for carbon black weakened due to supply challenges, reduced EV demand, and the slowing replacement tire market as winter dampened market sentiment.
In the Asia-Pacific region, carbon black prices remained subdued throughout Q4 2023 due to oversupply and weak demand from China. Economic uncertainty and low export volumes affected the market, particularly in China, Thailand, and Malaysia. South Korea and Japan saw stable demand, boosted by EV exports. High inflation and interest rates suppressed domestic demand across the region. The Indian market showed resilience but experienced a downturn in December, with destocking driven by weaker rural demand and seasonal factors.
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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