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The story of carbon black prices in 2025 has been a mixed one. In some regions, prices started off strong in the first few months of the year due to higher demand and rising feedstock costs. Feedstock is the raw material used to produce carbon black, and most often it comes from oil-based sources. So when oil prices rise, carbon black prices often follow. Some industrial sectors, especially the automotive and construction industries, saw higher activity early in the year. That increased the demand for tires, rubber seals, and plastic parts, all of which rely on carbon black. At the same time, supply was tight in certain areas due to production slowdowns or maintenance at some facilities,...