04 July 2012 04:28 [Source: ICIS news]
The plant was running at 100% of capacity in June, the source added.
“Fundamental demand for SBR is still slow and it is difficult to pass on the rising costs of the feedstock butadiene (BD) to our customers,” the source said.
Feedstock BD prices have increased by $400/tonne (€316/tonne) since mid-June to $2,300/tonne CFR (cost and freight) northeast (NE)
Meanwhile, spot offers for non-oil grade 1502 SBR have increased by $50-100/tonne to $2,800/tonne CFR Asia for fresh July shipments, but buying interest at this level remains limited, industry sources said.
($1 = €0.79)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections