The European Carbon Black market showcased an overall stability during the week ending October xxth, with limited spot trading activity and a continued ample supply. This price stability was largely driven by a lack of significant market disruptions and feedback from consumers indicating slow trading activity. Many consumers were focused on reducing their inventories as the end of the year approached, which contributed to the subdued demand for spot cargoes.
Spot market activity for Carbon Black was particularly slow, as consumers planned to destock ahead of the holiday season. With the extended Christmas break in Europe on the horizon, some tire industry players, a key sector for Carbon Black demand, were expected to shut down operations for the holiday period. One participant was expected to halt production for much of December. As a result, demand for spot Carbon Black cargoes remained limited throughout the week, with many...
