Acrylonitrile Butadiene Rubber Methodology
Acrylonitrile Butadiene Rubber which is also commonly known as nitrile rubber (NBR), is a synthetic rubber copolymer of acrylonitrile (ACN) and butadiene (BD). Commonly considered the workhorse of the industrial and automotive rubber products industries, NBR can be used in a wide variety of application areas requiring, oil, fuel and chemical resistance.
In the automotive area, NBR is used in fuel and oil handling hose, seals, gaskets and grommets. With a temperature range of -40C to +125C, NBR can withstand all but the most severe automotive applications.
On the industrial side, NBR finds uses in roll covers, hydraulic hoses, conveyor belting, oil field packers and seals for all kinds of plumbing and appliance applications.
ICIS pricing quotes acrylonitrile butadiene rubber in Asia.
Published weekly on Thursdays
Weekly Price assessments:
Acrylonitrile Butadiene Rubber
- CIF CHINA (USD/MT & conversion to US CTS/LB)
- CFR SE ASIA (USD/MT & conversion to US CTS/LB)
- CFR INDIA (USD/MT & conversion to US CTS/LB)
- Ex-warehouse Price of East China(CNY/tonne)
- x-warehouse Price of South China(CNY/tonne)
- Ex-warehouse Price of North China (CNY/tonne)
- CIF CMP Price= Cost +Insurance & Freight
- VAT Involved in Ex-warehouse Price
Price assessments are based on information supplied by market participants through the week up to close of business on Thursdays at 1800 hours in Singapore.
Assessments are based on information supplied by market participants through the week up to close of business on Thursdays at 1700 hours in China.
The spot quotes cover the general purpose grade.
Cargoes loading or delivered four-six weeks forward from the date of publication.
30-60 days after bill of lading date.
Delivery against payment refers to ex-warehouse prices and L/C 30-90 days to CIF prices.
Standard cargo size:
Volume sizes range from 20-300 tonnes in Asia.
Volumes range from 5-300 tonnes both for domestic and import cargos in Chinese report.
The NBR price assessments are based on information gathered throughout the week from market players comprising producers, consumers, traders and distributors.
The assessment of prices takes into consideration firm bids and offers, buy and sell indications, notional price discussions and rumoured, reported and confirmed deals. In the event of lack of trades, the published price range represents the highest bids received and the lowest sell indications of the week.
The report offers market commentary that includes details of traced transactions, news on the supply/demand balance, contract price negotiations and general sentiment for price direction. Where applicable there is product information, comments on up and downstream market developments and general market intelligence.
Spot prices of high-nitrile special grade are also mentioned in the text, where relevant.
Ex-warehouse prices refer to distributors' trade with VAT. East China market price to that in Shanghai, Zhejiang and Jiangsu in Chinese report. South China market price to that in Guangdong and Fujian. North China market price to that in Beijing ,Tianjin and Hebei.