Tokai Carbon raising prices amid raw materials upsurge

Tokyo – Tokai Carbon is increasing the prices of all carbon black grades manufactured in Japan, for domestic and export shipments.

Effective 1 May, prices will increase Yen26.8 per kilogramme (€0.2/kg), announced Tokai in a 12 April statement. 

Tokai said the decision was made in response to the “escalating raw material oil price” which had caused a significant cost increase.

“This increase is difficult to absorb only by our production cost reduction,” said Tokai, adding that the price increase would ensure “stable supply of our high quality products and services.”