Styrene butadiene rubber Prices, markets & analysis
ICIS has a network of locally based reporters providing coverage of regional Styrene butadiene rubber markets. They provide not just pricing information, but an in-depth understanding of the factors driving prices and market fluctuations.
Use ICIS information to:
- Develop internal analytical models
- Inform settlements and contracts
- Optimise deals and negotiations
Styrene butadiene rubber Asia Transcript
The styrene butadiene rubber (SBR) report is a weekly report. It tracks the spot market in Asia. We talk to major producers, consumers, tyre producers, distributors and traders to get the information on a regular basis.
The information is used by the major market players in Asia in their contract monthly negotiations and settlement.
Supply and demand issues are the main drivers for determining the price of SBR, however, natural rubber, which is a substitute for SBR, also plays a key role in determining the price for SBR.
When the natural rubber price goes up, the SBR price also goes up, so in this case we capture all the natural rubber as well as SBR prices in this report, including the latest plant shutdowns, turnarounds or start ups.
This is very useful information which is captured in a timely basis and the market players use them regularly for their contract negotiations and settlements.
Styrene butadiene rubber news and market information products from ICIS
We offer the following regional Styrene butadiene rubber coverage to keep you informed of factors and developments affecting prices in the Asia Styrene butadiene rubber marketplace.
Price Reporting – More information about the price reports we publish on Styrene butadiene rubber
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to Styrene butadiene rubber
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q1 2015
Non-oil grade 1502 styrene butadiene rubber (SBR) spot prices fell for the most part of January and February in 2015, on weak demand and oversupply amid plunging crude oil prices.
Non-oil grade 1502 SBR prices fell by 20% to around $1,150/tonne CIF China in February, down from more than $1,400/tonne CIF China in January as demand weakened amid market uncertainty over plunging crude oil prices.
US crude oil prices had more than halved since June 2014 to around $50/bbl in early 2015.
Falling feedstock butadiene (BD) costs also pressured SBR prices lower.
Demand for SBR had weakened amid a slowing Chinese economy. Oversupply, with cargoes from deep-sea regions available at competitive rates, also added to the downward price pressure.
However, demand picked up after the Lunar New Year holiday as buyers replenished their stocks. China was closed on 18-24 February for the Lunar New Year holiday.
By mid-March, non-oil grade 1502 SBR prices had risen to above $1,300/tonne CIF China.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Styrene butadiene rubber.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Styrene butadiene rubber. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Styrene butadiene rubber, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.