Core Insights - The carbon black industry is experiencing rapid growth, driven by increasing demand in rubber, plastics, inks, and coatings sectors [2] - The N121 carbon black market price trend forecasting tool has been developed to provide accurate price predictions, supporting decision-making and strategic guidance for the industry [2] Group 1: Market Dynamics - The market demand for carbon black continues to grow, influenced by dynamic supply and demand relationships [2] - Price fluctuations in carbon black are a significant factor constraining industry development [2] Group 2: N121 Tool Features - The N121 tool utilizes big data analysis and artificial intelligence to collect and analyze global carbon black market data, including supply, demand, import/export conditions, and industry policies [2][3] - It offers real-time data updates and broad data sources, overcoming limitations of traditional forecasting methods that relied on industry reports and expert judgments [2][3] Group 3: Analytical Capabilities - The tool employs data mining and machine learning techniques to automatically process and analyze large datasets, identifying potential correlations and patterns [3] - It enhances prediction accuracy and reliability compared to traditional methods by building and optimizing models based on historical data and market trends [3] Group 4: Reporting and Alerts - N121 provides various formats for displaying predictive results and analysis reports, catering to industry decision-makers, business operators, and investors [3] - The tool includes automated alerts and intelligent push notifications for significant market price fluctuations or changes, helping users stay informed and adjust strategies accordingly [3]