As the Q* began the price of carbon black in China saw stagnant behaviour and settled at USD **** per metric ton. Despite a slight decline in upstream LNG prices and a notable increase in natural gas costs the price of carbon black still remains stagnant. This stagnant behaviour suggests that a balanced market environment and stable demand from the manufacturing and automotive sectors helped absorb feedstock volatility.
However, logistical challenges have started to surface particularly at the Port of Qingdao where around thirty vessels were anchored and average waiting times have stretched to nearly two days pointing to moderate port congestion. While not yet critical, these delays could introduce short-term disruptions in the carbon black supply chain if congestion persists or worsens.
Whereas in India, prices of carbon black dropped by *.** reaching USD **** per metric ton. This came against the grain...
