US SBR seller proposes Nov rollover as feedstock costs offset

02 November 2010 22:19  [Source: ICIS news]

HOUSTON (ICIS)--A major styrene-butadiene rubber (SBR) seller in the US planned to roll over prices for November after feedstock prices offset one another, the seller said on Tuesday.

US Gulf October SBR was 108-116 cents/lb for 1502 non-oil grade material, as assessed by ICIS. 

November butadiene (BD) prices settled at 84 cents/lb, down 2 cents/lb from October. However, the reduction in BD values was offset by the strength of natural rubber, which was priced in the mid-180s cents/lb, the seller said.

Natural rubber prices have surged by nearly 20% in the past two months, sources said.

Major US SBR producers recently proposed November rollovers.

North American SBR producers include Goodyear, International Specialty Products (ISP), Lion Copolymer and Negromex.

($1 = €0.72)

For more on SBR or BD visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect

By: Gene Lockard
1 713 525 2653

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index