Tokai Carbon raises carbon black price
Tokai Carbon has raised prices across all grades of carbon black effective 1 May 2020 by 6 yen a kilogram. According to the company, the price increase is because “Due to the impact of tighter regulations on bunker fuel oil sulphur content by international Marine Organization (IMO), the index used in previous price revisions can no longer be used. Therefore, the carbon black prices will be revised by using the crude oil index from this time. This price increase is necessary to ensure Tokai Carbon to keep the firm and dependable supply of our high-quality products and services.