What is the Average Cost of Carbon Black per pound? Average Carbon Black Price

Carbon black is pure carbon produced by the incomplete combustion of products that contain large amounts of petroleum such as coal tar and ethylene cracking tar. The main use of carbon black is in the industry of automobile tires, as a pigment. In Europe, carbon black of vegetable origin is used as a food coloring. The current production of carbon black is 18 billion pounds per year, from which 90% it is used in rubber applications. The average price of carbon black is $700/ton