As of November 14, 2023, the primary rubber price stood at 14,450 yuan per ton, signaling a continuing upward shift from previous days. This contrasts with the scenario in August when the basic rubber price lingered below 12,000 yuan per ton. Over the past 2-3 months, the natural rubber market has experienced a notable increase, witnessing an increment of 2,000-3,000 yuan per ton during this relatively short timeframe. The duration of this observed upward trend, specifically over the last 2-3 months, underscores the temporal dynamics of rubber prices. This information contributes value by offering a timeframe perspective, highlighting recent fluctuations, and the current elevated levels compared to the prior period.
On the other hand, data from SunSirs indicates a different path in the carbon black market during the second week of November. On November 13, the cost of domestic rubber carbon black N220 was recorded at 10,466 yuan per ton, reflecting a constant decline in prices since November. Interestingly, despite this downward trend, several globally recognized carbon black companies have communicated plans to raise their carbon black selling prices. This inconsistency in trends within the carbon black sector introduces difficulty to the broader economic landscape, illustrating the complex dynamics at play in different segments of the industry.
