According to the Commodity Market Analysis System of the Business Society, as of October 30th, the average price of high-quality rubber grade white carbon black in China was 6066.67 yuan/ton. In October, the market price of white carbon black remained stable and weak, with a decrease of 2.15%. The overall price fluctuation range was limited, and manufacturers offered to take orders. Currently, the mainstream price is around 6000 yuan/ton. The overall market supply and demand are balanced, and the focus of negotiations is stable.

In October, the stable operation of white carbon black market prices was the main focus, with mainstream prices around 6000 yuan/ton. The focus of negotiations was stable, and the overall market supply and demand was balanced, with little price fluctuations. Downstream procurement was mainly for immediate needs, and the enthusiasm for stocking was average. Manufacturers mainly offered to take advantage of profits, but the number of new orders was limited.

Chemical Index: On October 29, the chemical index stood at 888 points, unchanged from yesterday, a decrease of 36.57% from the cycle’s highest point of 1400 points (2021-10-23), and an increase of 48.49% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

Business Society’s white carbon black analyst believes that in the short term, the stable operation of the white carbon black market is the main factor, and the range of price fluctuations is limited.