Carbon Black Price, Prices, Demand & Supply | ChemAnalyst

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E-mail : [email protected] | website : www.chemanalyst.com/ Carbon Black Pricing Overview Asia Against the backdrop of continued global recession in the automobile industry, the Asian Carbon Black industry registered substantial gains compared to its Q2 performance. Sharp pick-up in demand for replacement tires seemed potentially significant to negate the impact of COVID-19 outbreak on the automotive supply chain. The demand for Rubber Carbon Black & Specialty Carbon Black in China has recently gained traction because the COVID recovery rate in China turned in favor. Producers reported considerable benefits from a sudden consumer shift towards personal mobility as economies opened to lift lockdown restrictions. With ASEAN and China being important markets in terms of tires and Carbon Black trading, Carbon Black prices picked up in India to assess around USD 1250 per MT CFR. For more info : https ://www.chemanalyst.com/Pricing-data/carbon- black-42 North America The North American Carbon Black markets witnessed back-to-back increment in the product prices during Q3 FY20. The uptrend seemed strongly supported by increasing cost of operations, labor, and tightening environmental regulations in line with the revision of sustainable manufacturing standards. Cabot announced upwards revision in the Carbon Black pricing in mid-August equivalent to USD 66 per tonne, amid better capacity utilization on the back of recovering rubber tire manufacturing in the US. In addition, Tokai Carbon the largest carbon black producer in North America, announced rise in prices for all its Carbon Black products in the US by USD 40-50 per tonne during the quarter. This was primarily due to tighter regulations imposed on the bunker fuel oil Sulphur content by international Marine Organization (IMO). On the demand front, manufacturers observed that demand for Carbon Black recovered rather well in Q3, versus the historic plunge experienced during the second quarter.

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In addition, Tokai Carbon – the largest carbon black producer in North America, announced rise in prices for all its Carbon Black products in the US by USD 40-50 per tonne during the quarter. This was primarily due to tighter regulations imposed on the bunker fuel oil Sulphur content by international Marine Organization (IMO). On the demand front, manufacturers observed that demand for Carbon Black recovered rather well in Q3, versus the historic plunge experienced during the second quarter.

Transcript of Carbon Black Price, Prices, Demand & Supply | ChemAnalyst

Page 1: Carbon Black Price, Prices, Demand & Supply | ChemAnalyst

E-mail : [email protected] | website : www.chemanalyst.com/

Carbon Black Pricing Overview

Asia

Against the backdrop of continued global recession in the automobile

industry, the Asian Carbon Black industry registered substantial gains

compared to its Q2 performance. Sharp pick-up in demand for replacement

tires seemed potentially significant to negate the impact of COVID-19

outbreak on the automotive supply chain. The demand for Rubber Carbon

Black & Specialty Carbon Black in China has recently gained traction

because the COVID recovery rate in China turned in favor. Producers

reported considerable benefits from a sudden consumer shift towards

personal mobility as economies opened to lift lockdown restrictions. With

ASEAN and China being important markets in terms of tires and Carbon

Black trading, Carbon Black prices picked up in India to assess around

USD 1250 per MT CFR.

For more info : https://www.chemanalyst.com/Pricing-data/carbon-

black-42

North America

The North American Carbon Black markets witnessed back-to-back

increment in the product prices during Q3 FY20. The uptrend seemed

strongly supported by increasing cost of operations, labor, and tightening

environmental regulations in line with the revision of sustainable

manufacturing standards. Cabot announced upwards revision in the

Carbon Black pricing in mid-August equivalent to USD 66 per tonne, amid

better capacity utilization on the back of recovering rubber tire

manufacturing in the US. In addition, Tokai Carbon – the largest carbon

black producer in North America, announced rise in prices for all its Carbon

Black products in the US by USD 40-50 per tonne during the quarter. This

was primarily due to tighter regulations imposed on the bunker fuel oil

Sulphur content by international Marine Organization (IMO). On the

demand front, manufacturers observed that demand for Carbon Black

recovered rather well in Q3, versus the historic plunge experienced during

the second quarter.

Page 2: Carbon Black Price, Prices, Demand & Supply | ChemAnalyst

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Carbon Black Pricing Overview

Europe

The European Carbon Black market was struggling to maintain its margins

as the economy battled to stand against the COVID-led headwinds. The

third quarter outlook however, seemed to gain strength from the tyre

applications as driving remained the preferred mode of transportation with

people preferring to maintain stringent physical distancing amid surging

cases. Demand for Carbon Black for manufacturing ink for printed materials

remained an area of weakness, keeping the specialty Carbon Black sales

largely pressured.

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Page 3: Carbon Black Price, Prices, Demand & Supply | ChemAnalyst

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Carbon Black Pricing Overview

Services

Market Analysis

Company-wise installed capacity, production volume and plant operating

efficiency is captured directly from manufacturers. Import and Export volume is

captured from government sources and demand for Carbon Black is calculated

considering the production, import, export and inventory-levels on the country

and regional level markets.

Pricing Analysis

Global Carbon Black price is correlated with the price trend of Crude Oil and

the consumption by downstream industries such as automotive.

Company Profile

Basic details and information on financial performance of leading global

players in the Carbon Black market is presented in a visually captivating

manner. Expansion plans and the company’s strategy is also captured to

understand the vision and mission of the company to help understand the

areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive

primary-based news capturing plant shutdowns/outages/closures, capacity

expansions, operating rates, insights on demand-supply situation, awarding of

technology licenses, new product launch and deals specifying mergers and

acquisitions, strategic investments and disinvestments, to help players

capitalize on market opportunity.

Page 4: Carbon Black Price, Prices, Demand & Supply | ChemAnalyst

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Carbon Black Pricing Overview

Methodology

ChemAnalyst gathers information through primary research surveys conducted

with various Carbon Black manufacturers, spread across the domestic and

international markets, suppliers and dealers/distributors to gain insights

into value-chains and demand-supply scenario to assess the market

situation. Thorough study of the company’s annual reports and secondary

sources such as exhaustive search on credible paid databases, including our

internal database is done to verify the information. All the collected information

is analyzed, evaluated and presented in chronological order to depict a

meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and

analyzes various aspects of the Global Carbon Black market. The team

analyzes various industrial segments, strategic viewpoints and provides an

analysis of the industry’s performance in the long run. This would enable our

clients in efficiently plan their future investments, mitigate risk, understand the

cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global

supply chains and shift in demand patterns with change in buying behavior of

consumers across the globe.

Several ongoing development projects across industries are tracked,

followed by the details of major projects in the development stage, which can

positively or negatively influence the Global Carbon Black market.

Pricing is captured through exhaustive primary interviews with domestic and

international manufacturers, traders and importers and customers on monthly

and yearly basis.

Finally, region-specific markets for Carbon Black are analyzed and region-

wise demand pattern is tracked.

Page 5: Carbon Black Price, Prices, Demand & Supply | ChemAnalyst

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Carbon Black Pricing Overview

About

Carbon black is composed of fine particles of carbon. It is produced from

incomplete combustion of natural gas or petroleum, primarily residual heavy

fuel oil from petroleum refining, coal tar distillation and Ethylene at

temperatures above 2000 deg Fahrenheit. The characteristics of Carbon Black

vary with the manufacturing process involved. Based upon variations in particle

size, structure and purity, and the method of production, Carbon Black can be

categorized into lampblack, furnace black, bone black, channel black,

acetylene and thermal black. Furnace black dominates the global market,

holding about 90% of global Carbon Black output with thermal black making up

the remaining volume. Lampblack, bone black and acetylene black are the

specialty products. Carbon Black is used as a reinforcing, pigmenting, UV

stabilizing or conductive agent, mainly in rubber applications. More than 60%

of the world’s Carbon Black is consumed in the tyre industry. Non-tyre rubber

applications such as car hoses, tubes, belts and gaskets account for nearly

25% of the total demand, while the rest is consumed in specialty blacks used

in paints and coatings, printing inks, plastics & toners.