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SunSirs: Activated Charcoal Prices Fell Due to Poor Demand

September 08 2020 08:39:30     SunSirs (John)

Price trend

According to the monitoring of the SunSirs: the price of Activated charcoal at the beginning of this week was 10,666 RMB/ton, and the price of Activated charcoal this weekend was 10,600 RMB/ton, a decrease of 0.63%.

Analysis review   

At present, the domestic Activated charcoal price has fallen slightly. The current ex-factory price of Activated charcoal for coconut shell water purification in East China is around 7,000-12,000 RMB/ton; the downstream demand of domestic Activated charcoal is not good, the price is falling, and the trading atmosphere on the market is still weak. Cautious wait-and-see atmosphere remains unchanged.

Coconut shell, fruit shell, charcoal, etc., the main raw material upstream of Activated charcoal, are supported by cost pressures, and the demand is acceptable; the cost support of coal-based carbon raw materials is weak. Downstream power, pharmaceuticals and other demanding industries are sourcing on a single order basis. The procurement market for Activated charcoal for air purification and water purification is favorable. Environmental protection policies have boosted the Activated charcoal market, and the Activated charcoal market has performed smoothly.

Market outlook

In the Activated charcoal market, goods are sold on demand, and basic small orders are purchased to meet normal production. Most traders maintain sales to lighten their positions, and the quotations continue to fluctuate and tend to fall.

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