The global Carbon Black market is showing signs of confusion as August ends. Specifically, the Asia-Pacific and Europe regions are under pressure from diminishing feedstock costs, logistical delays, and weak demand from the tyre sector. South Korea, China, and Malaysia are seeing weak industrial activity and cautious procurement despite ongoing investment in EV-friendly tyres. Although freight rates have worked their way down to make exports more competitive, there are still delays with port hiring and a state of congestion. Conversely, Europe and the U.S. are still in stable conditions due to balanced supply chains. Long-term opportunities, related to embracing sustainability and the growth of EVs have not changed. However, traders should remain cautious with downside still possible in the short term.
