The last few weeks brought two carbon black price increases driven by higher costs.
On May 21, Columbian Chemicals Co. announced that it would increase prices by 5 cents per pound for all ASTM N-Series and XT-Series-grade carbon blacks. The increase becomes effective on July 1 and applies to all non-contract customers in all market segments, Columbian said.
On May 26, Cabot announced a 5 cent-per-pound increase on rubber blacks as of July 1. The increase covers North American non-contract customers. The main driver of the increase is escalating raw material, transportation, energy and other direct manufacturing costs. In the announcement, the company stated that it could no longer offset these higher costs through initiatives to improve operating efficiencies.
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