
Under the weight of costs, the black carbon market began to gain momentum in March, with prices rising to a near three-year high of 15.29% a month. The black carbon market continued to run at a high level in April, but the industry’s profits were thin.
As raw material prices soar cost upside down, carbon black production enterprises from March began to raise prices significantly, to ease the cost pressure;The epidemic has affected most parts of China and brought about a liquidity crisis, which has pushed up the price of energy products. However, as the containment of the epidemic will continue, logistics and transportation will be difficult to improve significantly in the short term;The downstream tire industry of carbon black stopped production and maintenance factories have resumed production, thus driving the increase in carbon black demand, and the export trend may inject vitality into the carbon black market. So the price of black carbon is expected to keep rising after that.
To get the goods at a relative low level price, please feel free to contact Envo Chemical Industry Co.,Ltd. Export team.