Waterborne nanoscale carbon black dispersion (NCBD) was widely used in inkjet printing, spun.dyeing fibers and coloration fabrics. In this paper, NCBD was prepared using sodium carboxymethyl cellulose (CMC) as dispersant. Effects of CMC viscosity, ultrasonic time and oxidation with hydrogen peroxide on carbon black (CB) particle size were discussed. The results showed that CB particle size decreased by mechanical agitation while it Increased by ultrasonic with the increase of CMC viscosity. Uitrasonk is a more effective method to disperse CB particles than that of mechanical agitation. CB particle size lbviously decreased with itcreasing ultrasonic time and arrived at about 160 nm for 60min.In addition,oxidation with 2 mol/L of H2O2 and 0.2wt% of CMC300 reduced CB particle size to 160nm at 90℃ for 2.5h.