30 May 2012 04:39 [Source: ICIS news]
It is running at 100% of capacity in May, according to the source.
“Demand is weak and we have too much inventories, so we will cut the operating rate to 80% of capacity in June,” the source added.
SBR non-oil grade 1502 prices were at $2,700-2,800/tonne (€2,160-2,240/tonne) CIF (cost, freight and insurance)
SBR is a major feedstock for the production of tyres for the automotive industry and the downstream tyre factories in
Europe and the
($1 = €0.80)
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