On January 12, the market price of carbon black increased. The current mainstream price for carbon black product N220 is 7,200 RMB/ton in Shandong, 7,200 RMB/ton in Shanxi, 7,300 RMB/ton in Hebei, 7,300 RMB/ton in Guangzhou, and 7,300 RMB/ton in Zhejiang.
PriceSeek analysis of carbon black, with a long-short rating of 1: The spot price of carbon black has risen comprehensively in regions such as Shandong, Shanxi, Hebei, Guangzhou, and Zhejiang, with the mainstream product N220 priced in the range of 7,200–7,300 RMB/ton. This indicates an increase in market demand or tightening supply, which is favorable for spot prices. The price increase may stem from recovering demand in downstream industries such as tires and rubber or rising raw material costs, which will support bullish market sentiment in the short term.
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