Insufficient upward momentum for white carbon black, weak downward trend

According to the analysis system of the commodity market of Shengyishe, as of March 6th, the average price of high-quality rubber grade white carbon black in China was 5800 yuan/ton. Today, the white carbon black market is mainly weak, with a price drop of 3.33% compared to the previous day, a decrease of about 200 yuan/ton. Currently, the mainstream market price is around 6000 yuan/ton, and manufacturers are making concessions and taking orders, putting pressure on the operation.

 

Gamma-PGA (gamma polyglutamic acid)

On March 6th, the price of domestic rubber grade white carbon black showed a downward trend, with a decrease of 3.33% compared to the previous day, a decrease of about 200 yuan/ton. The upstream raw materials hydrochloric acid and sulfuric acid showed a stable, moderate, and weak trend, and white carbon black lacked favorable support in terms of cost. Currently, downstream demand is weak, and the purchasing atmosphere is average. The overall inventory of white carbon black is high, and consumption is slow. Downstream manufacturers mainly purchase according to demand.

 

White carbon black commodity index: On March 6th, the white carbon black commodity index was 130.63, a decrease of 4.51 points from yesterday, a decrease of 15.64% from the highest point in the cycle of 154.84 points (2021-12-06), and an increase of 46.10% from the lowest point of 89.41 points on October 7th, 2016. (Note: The cycle refers to 2011-09-01 present).

 

Business Society’s white carbon black analyst believes that it is expected that the white carbon black market will operate steadily, moderately, and weakly in the short term, with insufficient momentum for price increases.

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