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