Carbon Black holds firmer after fortnightly rise
Carbon Black in Delhi moved higher this week, with Indian Carbon Black prices closing at Rs 174/kg on June 18. The weekly gain was Rs 4/kg, while the fortnightly increase stood at Rs 9/kg.
The month-on-month change was limited to Rs 4/kg, showing that most of the recent improvement came in the last two weeks. Over three months, the product is up Rs 39/kg, while the six-month gain stands at Rs 66/kg. Year-on-year, values are higher by Rs 59/kg. Indian Carbon Black prices remain below the recent Rs 190/kg high but above the Rs 100/kg support zone. Carbon Black prices in India are therefore positioned closer to the upper half of the recent range,Carbon Black Market, Petrochemicals, Market Update, Industry Trends, Commodity News, Price Watch.
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