16 April 2009 23:37 [Source: ICIS news]
The price decrease would apply to 1502 non-oil grade and 1712 oil extended grade product.
The move would put 1502 material from the high-70s to the mid-80s cents/lb US Gulf (USG), and 1712 material in the low-70s to the high-70s cents/lb USG, according to global chemical market intelligence service ICIS pricing.
A lack of demand was likely the main cause for the decrease, a supplier said. SBR demand in the first quarter of 2009 was abysmal due to poor replacement and original equipment tyre sales.
($1 = €0.76)
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