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.
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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.
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Updated to Q2 2017
Non-oil grade 1502 styrene butadiene rubber (SBR) spot prices were trending down in the second quarter, tracking the slump in the feedstock butadiene (BD) costs. Feedstock BD price had plunged from around $1,650/tonne CFR (cost & freight) NE (northeast) Asia in late March to around $900/tonne CFR NE Asia by early June.
Falling natural rubber (NR) prices during the second quarter, also added to the dowward price pressure on SBR. NR price dipped below $1,400/tonne in early June, weighing on demand for SBR.
Both SBR and NR are substitute feedstocks for the production of tyres in the automotive industry and their prices tend to move in tandem with each other. Over-stocking of both SBR and NR also prompted traders to unload their surplus SBR stocks at competitive rates in Asia, further exerting more downward pressure on the SBR price.
Falling automotive production and sales in April in China also weighed on demand for fresh SBR imports. By mid-June, non-oil grade 1502 SBR price had dropped to below $1,450/tonne CIF China from around $2,150/tonne CIF China in early April.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including Styrene butadiene rubber.
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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.
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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.