Carbon Black Price, Demand & Supply | ChemAnalyst



During the third quarter of 2023, Carbon Black prices in the USA experienced dynamic fluctuations throughout the entire period. The initial and concluding months saw an upswing in prices, while a decline was observed in the second month. These price variations were predominantly influenced by changes in downstream demand, feedstock prices, and seasonal factors. The quarter commenced in July with a notable uptick in Carbon Black prices, driven significantly by heightened demand from the construction and tire industries, resulting in an overall increase in prices. August witnessed a further rise in Carbon Black prices, primarily attributed to the increasing demand from downstream industries. Additionally, the ascending cost of feedstock, particularly Naphthenic oil, played a pivotal role in contributing to the overall price surge during this month. In September, prices experienced another surge due to various factors, including heightened demand from the tire industry as the winter season approached. Throughout the July to September timeframe, prices fluctuated from USD 1143 per MT FOB Texas to USD 1190 per MT FOB Texas.

In the European market, Carbon Black prices exhibited an uptick in the initial month of the third quarter but underwent a consistent decline in the subsequent two months. The first month experienced a notable surge in demand from the tire industry, leading to heightened demand pressure and consequent price increases. However, in Germany, prices faced a decline primarily influenced by factors such as the weakening euro currency, steady demand from downstream industries, a slowdown in construction activity, and reduced demand in coatings, adhesives, lubricants, and other industrial sectors—a sentiment echoed by Dow Chemicals. Despite the robust performance of the automotive industry in Europe, the tire sector did not grow at a parallel rate, largely due to consistent exports from non-ETRMA (European Tire and Rubber Manufacturers' Association) members throughout the year. Additionally, ample market inventories and the lower prices of imports from neighboring Russia further contributed to the downward price trend. Prices decreased from USD 1143 per MT FD Hamburg to USD 1190 per MT FD Hamburg from July to September.

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