On February 2, the market price of carbon black increased. The current mainstream price for carbon black N220 is 7,800 RMB/ton in Shandong, 7,600 RMB/ton in Shanxi, 7,900 RMB/ton in Hebei, 7,850 RMB/ton in Guangzhou, and 7,900 RMB/ton in Zhejiang.
PriceSeek analysis of carbon black, with a long-short rating: +1. The article reports that on February 2, the market price of carbon black rose, with the mainstream N220 product prices ranging between 7,600 and 7,900 RMB/ton across regions, such as 7,800 RMB/ton in Shandong, 7,600 RMB/ton in Shanxi, and 7,900 RMB/ton in Hebei. This indicates an increase in market demand or tightening supply, which is favorable for the spot price of carbon black and supports a bullish trend. A rating of +1.0 is given, indicating a generally positive outlook, as the price increase, though not specifying the magnitude, reflects a strong overall market sentiment.
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