May 22nd Reporting

On May 22, domestic carbon black prices declined. Currently, the mainstream N330 product price in the carbon black market is as follows: 6,900 RMB/tonne in Shandong, 7,650 RMB/tonne in Shanxi, 7,100 RMB/tonne in Hebei, 7,100 RMB/tonne in Guangzhou, and 6,900 RMB/tonne in Zhejiang.

Chempricehub’s assessment on carbon black, Bull-Bear Score: -1

At present, spot prices for domestic carbon black have generally fallen. The mainstream N330 quotation in Shandong and Zhejiang stands at 6,900 RMB/tonne, 7,650 RMB/tonne in Shanxi, and 7,100 RMB/tonne in Hebei and Guangzhou. Supply and demand fundamentals remain weak across the market, exerting a generally bearish influence on carbon black prices.