Hamburg (Germany): The Carbon Black market continues to hover at lower levels in the early days of FYxx, despite gains made in the last days of FYxx, particularly in Europe, as the deadline for a complete ban on Russian rubber products approaches. Globally, the Carbon Black market is witnessing mixed results, with Asian markets remaining largely stable in FYxx, while American markets showed a decline in the earlier half and recovery in the second half. Carbon Black prices in the early days of FYxx in American markets remained largely bearish, triggering mild pessimism among market players regarding the prospects of recovery in FYxx.
European markets have remained subdued since February xxxx, with prices traded around USD xxxx/mt at the Hamburg port deflating to USD xxxx/mt by December xxxx, indicating a deep demand crisis in the European Carbon Black markets. ChemAnalyst&#xx;s research revealed that rising interest...
