Cabot raises North American carbon black prices

Effective April 1, Cabot Corporation will increase prices for all North American Rubber Blacks (i.e., carbon black used in rubber applications) by $0.12 to $0.15 per pound. The increase will apply to all shipments from April 1st for customers not covered by contract. According to Cabot, the increase is necessary due to market conditions, continued cost increases, and the need for reinvestment.

In the same release, Cabot announced that it has revised its package premiums and instituted rail freight charges to more accurately reflect current costs of packaging and transporting carbon black. These changes are also effective as of April 1st for customers not covered by contract.

Here is a copy of the release.