05 September 2012 23:59 [Source: ICIS news]
LONDON (ICIS)--European styrene butadiene rubber (SBR) September contracts rolled over, producers and buyers confirmed on Wednesday.
The September 1500 range is €2,160-2,260/tonne ($2,700-2,825/tonne) free delivered (FD) northwest Europe (NWE), while 1723 grade SBR is at €2,050-2,100/tonne FD NWE, and the 1783 grade is at €2,000-2,050/tonne FD NWE.
Most sources said that although the price of feedstock butadiene decreased by €25/tonne, the price of SBR still had to roll over because the price of co-feedstock styrene had increased by €43/tonne.
($1 = €0.80)
Folllow Janos Gal on Twitter @janosgalICIS
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