SunSirs: Demand Was Light, and Activated Charcoal Prices Declined
August 23 2024 15:18:05 SunSirs (John)
Price trend
According to the monitoring of the commodity market analysis system of Shengyi Society, the price of activated charcoal at the beginning of the week was 11,833 RMB/ton, and the price of activated charcoal at the end of the week is 11,766/ton, a decrease of 0.56% in price.
Analysis review
Domestic activated charcoal manufacturers have stable quotes this week, with some manufacturers lowering their quotes. The market supply is sufficient, and the ex factory price of coconut shell activated charcoal for water purification in East China is between 9,500-12,500 RMB/ton. Downstream transactions are weak, and it should focus on market transactions.
Coconut shell charcoal has a certain amount of sales in applications such as gold extraction, water purification, and filter cartridges, especially for gold charcoal, which receives a lot of inquiries from the African market; Fruit shell charcoal can be shipped smoothly from low to medium index sources. There is a recent rebound trend in imported carbide materials, and the industry should pay more attention to it.
Market outlook
The sales of activated charcoal market have fallen short of expectations, and it is expected that the price of activated charcoal will mainly fluctuate in the short term.
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