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 Prices December 2023:
- United States: 2085 USD/MT
- 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 Price Trend- Q4 2023
The carbon black market is predominantly driven by fluctuations in feedstock prices, such as crude oil and natural gas, which impact production costs. Rising crude oil prices have increased production expenses, thereby influencing market prices. Additionally, regional supply and demand dynamics play a crucial role. In particular, the tire manufacturing sector, which constitutes a significant portion of carbon black consumption, drives demand. Seasonal factors, such as increased automotive activity during summer, further impact market trends. Supply chain disruptions, including logistical issues and geopolitical tensions, also contribute to market volatility.
Carbon Black Industry Analysis
In North America, the carbon black market in Q2 2024 showed mixed trends. Rising crude oil prices contributed to higher production costs, while labor strikes in the railway sector disrupted supply routes, leading to tighter market conditions. Increased global freight costs compounded these issues, further pushing up prices. Despite a decrease compared to the same quarter last year and a decline from the previous quarter, the market experienced a price increase from the first to the second half of the quarter.
This rise was driven by heightened demand from the recovering automotive sector, particularly the tire industry, which saw increased sales during the summer travel season In the APAC region, the carbon black market faced a downward pricing trend. This decline was influenced by several factors, including inventory adjustments by rubber producers and increased tariffs on Chinese rubber goods, which led to an oversupply and pressured prices. Easing feedstock prices, driven by lower crude oil and natural gas costs, further contributed to the bearish sentiment. High inventory levels and weak demand from tire production, coupled with a broader slowdown in the automotive sector, exacerbated the downward trend.
In Europe, the second quarter of 2024 saw notable price increases for carbon black. Elevated demand from the tire manufacturing sector, driven by seasonal upticks in automotive production, was a key factor. Geopolitical tensions and disruptions in supply routes, particularly from Russia, exacerbated the tight market conditions. Rising crude oil prices also added to production and transportation costs. Similarly, the Middle East and Africa also saw significant price increases due to supply chain disruptions, geopolitical tensions, and rising energy costs. The UAE experienced pronounced price volatility, with a significant year-over-year price increase and a small rise from the previous quarter. Seasonal demand fluctuations related to summer travel and increased tire production contributed to the upward trend
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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