For the Quarter Ending December 2022
Carbon Disulphide prices have showcased fluctuation in the USA market during the fourth quarter of 2022. During the initial and mid of Q4, carbon Disulphide. Demand from the downstream textile, solvent, and allied industries have stable to firm in the domestic market. Moreover, the demand-supply gap increased along with production costs. The US rail workers went on a strike demanding higher wages and a better working environment, thus limiting the material available in the market. However, the worse was averted owing to smooth intervention by US Congress. Although, towards the end of the quarter, Carbon Disulphide prices gained a downtrend due to subdued demand from both the domestic and international markets, while the ample inventory level forced the manufacturer to drop their price quotation. Meanwhile, cheap imports from Asia further weighed down the prices of Carbon Disulphide in the regional market.
Prices of Carbon Disulphide have witnessed mixed sentiment in China during the fourth quarter of 2022. In the first half of Q4, Carbon Disulphide prices improved in the Chinese market owing to the firm production cost. Demand from the textile, solvent, and other industries has been bullish, while the limited material availability in the market has led to price increases in the domestic market. Meanwhile, demand from the overseas market has also risen. In addition, under the influence of persistent lockdown implementation along with zero covid policy, manufacturers have started facing a labor shortage coupled with supply chain disruption, which majorly affects logistical constraints. However, during the second half of Q4, Carbon Disulphide prices gained downward momentum owing to weak demand and sufficient material availability in the market. Feedstock prices remained stable during this quarter, which softened the domestic production cost of Carbon Disulphide. In addition, manufacturing activity contracted in December as Covid-19 outbreaks continued to weigh on both output and demand.
Carbon Disulphide showed a mixed trend in the European market during the fourth quarter of 2022. In the first month, Carbon Disulphide prices increased due to volatile energy prices and high inflationary pressure. Demand from the downstream industries has remained stable to weak in the regional market. Although, during the last two months, Carbon Disulphide prices dropped due to steady inflows of cheap imports from Asia. In addition, demand from the downstream textile, solvent, and other competitive industries have remained subdued amid sluggish buying sentiment in the region and the slow growth of the key industries. Meanwhile, energy prices stabilized during this quarter, resulting in stable production costs of the Carbon disulphide. On the other hand, supply chain dynamics have improved in the European continent with no major port congestions. Thus, facilitating the availability of imports and inter-European transportation, respectively.