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As August **** draws to a close the Carbon Black market is flashing mixed signals across global trading hubs, as bearish sentiment intensifies across Asia-Pacific and Europe, while the U.S. appears steadier. From Seoul to Penang, traders are navigating a reality of falling feedstock prices, logistical issues, and shifting tyre industry dynamics. While there is long-term hope and bullish sentiment related to increased EV adoption and focus on sustainability, the focus is short-term, with caution taking the lead in the narrative of Carbon Black.
In South Korea, Carbon Black Hard Grade N*** FOB Seoul declined *.*** week-over-week to USD ***.**/MT, extending an ongoing **-week bearish trend. The **-week moving average is now USD ***/MT. Sources there mentioned sufficient domestic supply and limited buying activity from tyre manufacturers, and regional declines in crude oil (-*.***) and natural gas (-*.***). There were weather-related...
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