Get the latest insights on price movement and trend analysis of Carbon Black in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the Q1, Q2 and Q3 of 2022
The price trends for carbon black had a sluggish start during the first quarter. There was a healthy equilibrium between supply and demand, hence the prices remained firm. However, the prices inclined towards the end of Q1 as the cost pressure from feedstock increased averaging 1520 USD/MT FOB.
The carbon black prices continuously increased as the second quarter started due to raised feedstock coal tar prices along with expensive logistics and stable demand from the tire industry. The prices declined towards the end of June averaging 10,100 RMB/MT as the market sentiment weakened given such inflated prices.
The market demand rebounded during Q3 especially from the automotive sector causing the prices to incline again. With the lack of new products from the manufacturers, a mismatch was created in the market supply and demand further raising the prices. The carbon black prices averaged 11,100 RMB/MT towards the end of September 2022.
Carbon black prices kept firm during the first quarter averaging 1710 USD/MT owing to stable market dynamics. However, the prices inclined drastically in Q2 owing to the economic downturn unleashed by the Russia-Ukraine conflict.
The raised feedstock prices among rising demand from the downstream sector caused the manufacturers to raise quotations to support their profits. With the western sanctions against Russian exports, Europe turned to importing carbon black from Asian nations at much higher prices. At the end of Q3, the price of carbon black Hard Grade N220 averaged 2732 USD/MT.
During the first quarter, the price trend for carbon black was on the lower end of the scale owing to stable demand and healthy upstream cost pressure. However, the changing geopolitical climate heavily impacted the pricing pattern in the US domestic market.
With high feedstock prices, expensive logistics, labour shortages and robust demand, the prices inclined drastically in the second quarter. The same pricing patterns continued in Q3 owing to solid demand from the automotive and tire industries. The carbon black prices averaged 3395 USD/MT FOB Texas (Hard Grade N220) towards the end of Q3.
Procurement Resource provides latest prices of Carbon Black. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Carbon black is a finely divided form of amorphous carbon usually obtained via the partial combustion of hydrocarbons. The carbon black particles are usually spherical and have a high surface area to volume ratio albeit lower than activated carbon. Carbon black varies widely in particle size depending on the process by which they are made. It is often used as a pigment and reinforcing agent primarily in the automotive and rubber industries.
|Product Name||Carbon Black|
|Industrial Uses||Pigments, Reinforcing Agents, Paints/Coatings, Rubber/Plastics, Printing Ink|
|Synonyms||Channel or impingement black, Furnace black, Thermal black, Lampblack, Acetylene black|
|Molecular Weight||12.011 g/mol|
|Supplier Database||Orion Engineered Carbon, Birla Carbon, Phillips Carbon Black Limited, Mitsubishi Chemical Corporation, Shandong Huadong Rubber Types Co., Ltd, Abu Dhabi National Oil Company (ADNOC)|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, 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
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Carbon black is produced via the reaction of a hydrocarbon fuel such as gas or oil with a limited supply of combustion air at high temperatures (1320 to 1540°C). The unburnt carbon is collected as extremely fine fluffy particles.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e., government agencies, external trade bodies, and industry publications).
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.