April 3 — On the 3rd, domestic carbon black prices declined. The current mainstream market price for carbon black N220 is approximately 8,500 RMB/ton in Shandong, 8,300 RMB/ton in Shanxi, 8,700 RMB/ton in Hebei, 8,700 RMB/ton in Guangzhou, and 8,600 RMB/ton in Zhejiang.
Chempricehub’s analysis of carbon black gives a bearish score of -1. The report indicates a widespread decline in domestic carbon black prices, with N220 mainstream product prices falling across multiple regions: 8,500 RMB/ton in Shandong, 8,300 RMB/ton in Shanxi, 8,700 RMB/ton in Hebei, 8,700 RMB/ton in Guangzhou, and 8,600 RMB/ton in Zhejiang. This suggests potential oversupply or weak demand in the market, exerting downward pressure on spot carbon black prices.
The score of -1 represents a generally bearish outlook, as the price drop is broad-based but not accompanied by major supply-demand disruptions. It is expected that spot prices may remain under pressure in the short term.
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