Carbon Disulphide Prices

Carbon Disulphide Prices June 2024

During the second quarter of 2024, carbon disulphide prices in the USA reached 772 USD/MT in June. In Q2 2024, the market in the U.S. experienced a combination of positive and negative trends. Price increases occurred in April and May due to increased sulfur expenses and decent orders from the agrochemical & packaging sectors. Nevertheless, in June, the market saw a decrease in prices due to crude oil volatility and lower sulfur prices. Although there was enough supply available, a decrease in demand downstream resulted in a pessimistic forecast.

During the second quarter of 2024, carbon disulphide prices in China reached 678 USD/MT in June. Price changes were observed in China's carbon disulphide market during Q2 2024. At the beginning of the quarter, prices were pushed higher by limited supply and increased demand, particularly from the packaging and agrochemical sectors. Nevertheless, a considerable price decrease was experienced by June due to diminishing sulfur rates and lowered trading activity. Reduced demand due to seasonal lulls resulted in a negative outlook in the local market.

During the second quarter of 2024, carbon disulphide prices in Germany reached 841 USD/MT in June. Germany’s carbon disulphide rates continued to lower during Q2 2024, driven by limited price aid from feedstock sulfur. Despite crude oil rate changes, low orders from packaging and agrochemical industries kept the market bearish. Ample supply and weak demand further contributed to the price decline, with macroeconomic uncertainties dampening purchasing activity throughout the quarter.

Carbon Disulphide Prices December 2023

Carbon disulphide prices in the United States for Q4 2023 reached 785 USD/MT in December. Initial price hikes were driven by increased sulfur costs and higher natural gas consumption. However, prices later fell as sulfur costs stabilized, reducing production expenses. Limited demand from key sectors and lower inflation further influenced market dynamics.

The price trend for carbon disulphide in China for Q4 2023, reached 905 USD/MT in December. The market was influenced by an oversupply and declining production costs due to lower sulfur prices. Demand from major sectors such as agrochemicals, dyes, and rubber remained soft, leading to continued bearish market sentiments and price declines.

The price trend for carbon disulphide in Germany for Q4 2023, reached 965 USD/MT in December. Carbon disulphide prices dropped during Q4 2023, causing reduced sulfur prices and weak demand in key sectors like dyes, agrochemicals, and rubber put downward pressure on prices. Economic challenges, including inflation and reduced gas demand due to mild winter, further affected market conditions, leading to lower production activity.

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 the current price but also provides insights into carbon disulphide historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into carbon disulphide 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

Q2 2024:

During Q2 2024, product prices in Europe, especially in Germany, continued to decrease. The drop in prices was significantly supported by the reduced cost of feedstock sulfur, which played a key role in driving down local market prices. Even with changes in the rate of crude oil, the packaging & agrochemical industries continued to face low demand, leading to a pessimistic market outlook. Buyers proceeded with caution, buying only what was necessary, and macroeconomic challenges continued to suppress buying enthusiasm. Even though inflation decreased significantly in Germany in June, it did not have much effect on the immediate demand for the product. Plentiful materials and lower operating prices caused an oversupply situation, leading to decreased prices. The market sentiment was low all quarter, causing prices to consistently fall.

Q1 2024:

In Europe, particularly in Germany, the product prices steadily rose during Q1 2024. A combination of accelerating crude oil prices as well as disturbances in production, including the Red Sea crisis, pushed prices upward. Feedstock sulfur rates also increased, adding to the manufacturing expenses. A major factor influencing the market was Ukraine's drone strike on Russia's biggest refinery, which cut its capacity, along with geopolitical issues and OPEC+'s ultimate decision to decrease oil production. These factors kept oil rates high, further augmenting the production costs for the product. The perfume & agrochemical sectors showed good demand, mainly need-based. Additionally, Germany’s production activity remained low owing to inflationary pressures, contributing to a constrained supply and supporting the upward trend in rates through Q1.

Q4 2023:

During the final quarter of 2023, carbon disulphide prices in Europe experienced a downward trend due to falling raw material costs and weak demand. Lower sulfur prices reduced production costs, and mild winter conditions led to reduced gas demand across Europe, further decreasing prices. The energy sector's sluggish performance and continued economic challenges, including inflation, dampened market activity. Demand from downstream sectors like agrochemicals, dyes, and rubber remained low, pressuring prices further. Manufacturing rates stayed low due to insufficient recovery in demand, and weak economic data reinforced bearish market conditions.

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

North America Carbon Disulphide Price

Q2 2024:

During Q2 2024, the prices of the product in North America fluctuated. Costs of rates accelerated in April and May due to higher sulfur costs for feedstock and moderate orders from the packaging industry. Prices in the local market were driven higher by the purchasing strategy based on demand from abroad. Nevertheless, orders from downstream industries weakened, leading to a bearish trend by June. The decrease was exacerbated by the instability in crude oil prices and cheaper sulfur, resulting in decreasing manufacturing costs. Even though there was enough supply, market sentiment changed negatively, causing prices to decrease because there was not enough price aid from raw materials. Market participants were careful due to economic uncertainties, leading to a negative outlook by the end of the quarter.

Q1 2024:

During the initial quarter of 2024, the market in North America showed fluctuating patterns. In January month, rates escalated as reduced production levels, attributed to holiday slowdowns, combined with restricted product accessibility, caused an upward movement. Producers increased rates to keep gain margins despite steady orders from sectors such as packaging and fragrances. Supply chain challenges, including harsh weather and shipping delays, also contributed to accelerated transport expenses. Nevertheless, by February, following the price increase, the market saw a downturn due to softened orders from various sectors, especially fragrances, accompanied by a decrease in sulfur prices. By March, prices bounced back as manufacturing interruptions increased costs upward. The rise in sulfur prices further amplified manufacturing expenses, leading to another increase in product prices.

Q4 2023:

In the North America market, the prices showed mixed trends during Q4 2023. Prices increased initially, driven by higher feedstock sulfur costs, which increased production expenses. Natural gas costs also remained beneficial, reflecting increased adoption due to cold weather. However, as Q4 progressed, prices began to decline, influenced by lower sulfur costs and cautious purchasing behaviors among manufacturers. Some companies opted for scheduled maintenance to manage increasing inventories. Growing demand from rubber, and agrochemical industries were weak, further pressuring prices downward.

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

Q2 2024:

In China, the product rates showed changes in the Asia-Pacific region in Q2 2024. At the beginning of the quarter, limited supply and increased demand caused prices to rise. Stable local demand in the packaging & agrochemical sectors led to increased prices for the product. Furthermore, export activity was enhanced by restocking efforts from overseas markets, while supply was constrained by lower rates of production caused by maintenance closures. However, prices dropped significantly by the quarter-end as a result of decreased trading activity. The price of feedstock sulfur went down, reducing manufacturing costs and weakening market confidence. Furthermore, prices were impacted by decreased demand from industries further down the supply chain, especially during the holiday seasons. Market participants were careful by June, resulting in a continued decline in domestic prices.

Q1 2024:

The APAC product industry saw diverse trends throughout Q1 2024. Initially, prices declined in China, influenced by reduced price aid from sulfur and moderate interest from sectors such as agrochemicals and fragrances. International demand also weakened due to global economic instability, preventing producers from increasing export rates. The Lunar New Year holiday, along with factory closures, added to the sluggish local demand. Furthermore, China's economy grappled with slow customer interest and deflationary pressures, leading the central bank to implement adaptable policies to stimulate demand. Nonetheless, in the latter part of the quarter, rates rebounded as escalating sulfur costs increased production expenses. Political events, such as the drone strike by Ukraine on a significant Russian refinery and OPEC+ oil supply reductions, resulted in a considerable rise in oil rates, aiding the recovery of product pricing.

Q4 2023:

In Asia Pacific, the prices continued to decline throughout Q4 2023, influenced by increased supply and reduced production costs due to lower feedstock sulfur prices. This situation was exacerbated by weak demand from key industries like agrochemicals, rubber and dye which remained sluggish, reflecting economic uncertainties. The market faced bearish sentiments, with buyers hesitant to make significant purchases, expecting further price drops. Overseas demand was also subdued, contributing to the overall price decrease.

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.

Carbon Disulphide Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Carbon Disulphide Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” 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 industry 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 industry, 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:

• On January 11, 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 emissions by recovering CS2 and 90-95% of sulphur from H2S.
• On February 26, 2023, Iran and China held talks to construct a carbon disulfide production plant in Ilam 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.

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.