Omsk announces “first” ever carbon black price-rise

Omsk, Russia – Omsk Carbon Group (OCG) is increasing prices for its carbon black products with effect from 1 June, the Russian producer has announcedx.

The increases affect shipments of products from two production facilities, in Omsk and Volgograd, said a 12 May announcement.

The per-tonne price increases have been given as: 2-Series – €60 / $68 / Rub4,532; 3-Series – €45/ $51 / RR3,399; and 5, 6, 7-Series – €40  / $46 / RR3,022.

In its statement, OCG said it had, throughout its history, made “painstaking efforts” to reduce production costs.

However, during 2015 and 2016, OCG had been impacted by the growing gap between pricing formulas agreed with customers and raw material prices.

“For the first time since the start of our cooperation, OCG are forced to inform about a change in the carbon black price level in the middle of 2016,” it stated.