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SunSirs: Weak Transactions, Activated Charcoal Prices Declined

https://www.chemnet.com   Jul 25,2024 SunSirs

Price trend



According to the monitoring of the commodity market analysis system of SunSirs, the price of activated charcoal was 12,133 RMB/ton at the beginning of this week, and the price of activated charcoal was 12,066/ton over the weekend, a decrease of 0.55% in price.



Analysis review



Domestic activated charcoal manufacturers' quotations have remained stable this week, with some manufacturers' quotations falling. The market was dominated by inquiries, and transactions have fallen short of expectations. The ex factory price of coconut shell activated charcoal for water purification in East China was between 9,500-12,500 RMB/ton, and industry insiders were mainly observing and focusing 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 was a recent rebound trend in imported carbide materials, and the industry should pay more attention to it.



Market outlook



The transaction volume in the activated charcoal market is weak, and it is expected that the price of activated charcoal will mainly fluctuate in the short term.



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