Russia’s Yaroslavl Carbon Black (JSC Yaroslavskiy Tekhnicheskiy Uglerod), announced changes to its prices for all grades of carbon black starting 1 July.
In a letter to customers, Yaroslavl explained that the company’s pricing policy is affected by low oil prices and external pressure on carbon black feedstock prices:
“The price pressure has clearly shown that carbon black pricing formulas based solely on 1% fuel oil index are no longer valid and do not cover both fixed and variable costs of production in the long term.”
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