Carbon Disulphide Price Trend

Carbon Disulphide Prices December 2023

In the US, sentiments on the price of carbon disulphide in the fourth quarter of 2023 were mixed. The first spike in pricing was brought on by higher sulfur and natural gas prices. However, due to insufficient cost pressure from feedstock sulfur, carbon sulfide prices fell sharply towards the end of Q4. As of the conclusion of Q4FY23, the price of carbon sulfide in the US was 785 USD/MT overall.

In China, the cost of carbon disulfide decreased in the latter quarter of 2023. The industry had to deal with a number of issues, including a steady decline in demand and an increase in product supply. Additionally, a drop in feedstock prices occurred in Q4 as a result of poor end-user industry procurement. This resulted in the ultimate carbon disulfide price in the fourth to be 905 USD/MT.

The fourth quarter of 2023 saw a decline in carbon disulphide prices on the German market. The downturn in raw material costs and the muted demand from the downstream sectors were the causes of this. Additionally, the nation's manufacturing sector shrank, which reduced the amount of carbon disulfide that downstream companies used. At the conclusion of Q4, the price of carbon disulphide in Germany finally hit 965 USD/MT.

Carbon Disulphide Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Carbon Disulphide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of carbon disulphide pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of carbon disulphide at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of carbon disulphide price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing carbon disulphide price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Carbon Disulphide Market Analysis

The global carbon disulphide market size reached US$ 532 million in 2023. By 2032, IMARC Group expects the market to reach US$ 681.2 million, at a projected CAGR of 2.80% during 2023-2032.

• Carbon disulphide is an important solvent in the manufacturing of viscose fiber, which is contributing to its market expansion. Viscose fiber is known for its excellent drape, smooth texture, and silk-like feel. As a result, it is used in textiles, apparel, home décor, and personal care products. According to recent findings, each year, approximately 6.5 tons of viscose textiles are consumed worldwide. Also, the global demand for man-made fibers, such as viscose, is projected to increase by 3.7% in 2025.
• The agriculture sector is also embracing carbon disulphide due to its role as a fumigant and pest control agent. It is effective in controlling nematodes, fungi, and other soil-borne pests. The agrochemical market is expected to grow by 3.3 percent between 2024 and 2032, reaching a total value of USD 390.0 billion.
• Carbon disulfide is intricately connected to the rubber industry, where it helps in converting natural rubber or polymers into more durable materials. It acts as a vulcanization agent, thereby improving the elasticity, strength, and resistance of rubber to heat and other physical stressors. The rubber industry is experiencing an upward trend with a 4.5% annual growth. It is expected to reach US$ 68.2 billion in 2032, compared to US$ 45.4 billion in 2023.
• The pharmaceutical sector relies on carbon disulphide for synthesizing various drugs and pharmaceutical ingredients. It also helps in developing complex molecules that are required in modern medications. The need for CS₂ will rise considerably in the upcoming years because of the anticipated rapid growth of the pharmaceutical industry. For example, the pharmaceutical sector in the UK had a turnover of 40.8 billion pounds. India's pharmaceutical market is projected to reach USD130 billion in revenue by 2030. Furthermore, India exports a large quantity of pharmaceuticals to over 200 countries.

Carbon Disulphide News

The report covers the latest developments, updates, and trends impacting the global carbon disulphide market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in carbon disulphide production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the carbon disulphide price trend.

Latest developments in the carbon disulphide industry:

• In January 2024, Birla Cellulose’s Kharach unit in Gujarat successfully commissioned a carbon disulphide adsorption plant (CAP). It is a recovery system, deployed to minimize CS₂ and H₂S emssions by recovering CS₂ and 90-95% of sulphure from H₂S.
• In February 2023, Iran and China held talks to construct a carbon disulfide production plant in Iiam province, with an investment of $50 million by Shanghai Baijin Chemical Group Company.

Product Description

Carbon disulphide (CS₂) is a pale-yellow volatile liquid organosulfur chemical. Its molecular weight (76.15 g/mol), melting point (-167 °F), flash point (-22 °F), and boiling point (116 °F at 760 mmHg) are among its physical characteristics. Although carbon disulphide has a moderate solubility in water, it is more soluble in ether, ethanol, and chloroform.

It is created when sulfur reacts with charcoal, ethane, propane, or propene. In an industrial setting, evaporated sulfur is heated with charcoal at temperatures between 750 and 900 °C to create it.

Carbon disulphide is used in the production of cellophane, rayon, carbon tetrachloride, rubber chemicals, and pesticides. It is also used as a solvent for other chemicals, fats, oils, resins, and waxes. In addition, carbon disulfide is used in corrosion inhibitors, instant color photography, metal plating, and veterinary anthelmintic medications.

Regional Coverage

The report provides a detailed analysis of the carbon disulphide market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the carbon disulphide price trend.

Global Carbon Disulphide Price

The report offers a holistic view of the global carbon disulphide pricing trends in the form of carbon disulphide price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of carbon disulphide but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed carbon disulphide demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Carbon Disulphide Price

The carbon disulphide market in Europe declined during the Q4 of 2023. The prices plummeted significantly due to the decline in raw material prices and limited demand from consumers. Also, the decrease in natural gas demand across Europe caused its abundant availability, which further impacted the price of carbon disulphide in the region.

This analysis can be extended to include detailed carbon disulphide price information for a comprehensive list of countries.

North America Carbon Disulphide Price

The North American carbon disulphide market underwent a complex trajectory during the final quarter of 2023. Prices rose in the beginning, influenced by the increase in feedstock and natural gas prices. However, in November, the prices for sulphur settled at the lower end, causing a decline in carbon disulphide price.

Specific carbon disulphide historical data within the United States and Canada can also be provided.

Middle East and Africa Carbon Disulphide Price

The report explores the carbon disulphide pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on carbon disulphide prices for countries can also be provided.

Asia Pacific Carbon Disulphide Price

The carbon disulphide market in the Asia Pacific region declined during the Q4 of 2023. The prices plummeted significantly due to increased supply and sluggish demand. Furthermore, it exerted pressure on the sellers, as buyers made limited purchases. Also, the demand for carbon disulphide from international markets remained subdued, causing further decline in prices.

This carbon disulphide price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Carbon Disulphide Price

The analysis of carbon disulphide prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of carbon disulphide pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting carbon disulphide price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The carbon disulphide price charts ensure our clients remain at the forefront of the industry.