Europe SBR September contracts roll over

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

By: Janos Gal
+44 208 652 3214

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