- Global carbon black prices in Q2’26 were mixed, influenced by uneven supply conditions and regional volatility, while steady tyre demand provided limited support to prices.
- Feedstock volatility in crude oil-derived inputs influenced short-term swings, but stable operating rates in several regions limited sustained upward movement.
- Downstream tyre and rubber goods consumption stayed consistent across major economies, with replacement demand providing baseline support while OEM activity remained uneven.
Asia
In the second quarter of 2026, the monthly average carbon black price in China was ~RMB 8.38/kg in April and ~RMB 8.09/kg in the subsequent month, showing a decrease of ~3.5%. Prices fell due to low tyre manufacturing demand and reasonable rise in downstream inventories. Supply from Asia was stable, ensuring that the supply in the region was sufficient amid stable feedstock prices. Meanwhile, the average carbon black price in India was ~INR 122.09/kg in April and ~INR 119.65/kg in the subsequent month, showing a decrease of ~2.0%.
North America
In the second quarter of 2026, the monthly average carbon black price in North America was ~USD 1,929.14/MT in April and ~USD 1,309.91/MT in the subsequent month, showing a decrease of ~32.1%. Prices were highly volatile because of the swings in feedstock-related cost and the fluctuations in operating rates at carbon black facilities. Supply tightness at the beginning of the quarter was succeeded by improved availability amid steady tyre demand.
South America
In the second quarter of 2026, the monthly average carbon black price in Brazil was ~BRL 7.08/kg in April and ~BRL 7.51/kg in the subsequent month, showing an increase of ~6.0%. Prices gained support from the lower import availability and healthy demand from tyre retreading and industrial rubber products. The limited domestic production capacities caused import dependence.
Analyst Insight
According to Procurement Resource, Carbon black prices are expected to remain uneven across regions, with volatility driven mainly by feedstock fluctuations and tyre sector procurement cycles.