EU E-SBR imports change little, exports up in May

19 July 2013 11:24  [Source: ICIS news]

LONDON (ICIS)--The EU's emulsion styrene butadiene rubber (E-SBR) imports from the rest of the world changed little in May from the same month in 2012, data from Eurostat showed this week.

However, E-SBR exports increased by 15% in the same period, the data showed.

In April 2013, imports increased by 56% compared with the same month in 2012 while exports only increased by 3%.

The European E-SBR market is long and demand is weak, so sellers April and May were trying to shift volumes to overseas where demand was slightly better.

At the same time however, imports from Russia increased because Russian-origin material was offered at huge discounts compared with western-European E-SBR, so much of the eastern European market switched to Russian imports temporarily.

Russian sellers have now cut exports because demand in Europe is extremely poor and there is no interest in spot purchasing, and also because they have run out of surplus material.

E-SBR exports and imports by Eurostat (tonnes)

PERIOD/FLOW

IMPORT

EXPORT

Apr. 2012

3,807

15,099

May. 2012

3,439

13,932

Apr. 2013

5,932

15,562

May. 2013

3,437

15,965

 

 

 

May

 

 

change year on year

-0.06%

+15%


 

 

April

 

 

change year on year

+56%

+3%



By: Janos Gal
+44 208 652 3214



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