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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News & Analysis - News & market analysis specifically relating to Styrene butadiene rubber
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Updated to Q3 2018
Several styrene butadiene rubber (SBR) plants in Asia were running at lower rates during the third quarter of 2018 due to the prevailing weak demand for SBR. Several SBR plants in China were running at an average of 50-60% capacities while in other countries in Asia, several SBR plants were running at reduced rates of around 60-70% capacities. The three-week maintenance shutdown of Indian Synthetic Rubber Limited (ISRL’s) 120,000 tonne/year SBR plant in Panipat, India, in August, further reduced supplies.
Demand for SBR also fell during this period, offsetting the reduction in supplies. Ample and abundant supplies of natural rubber (NR) had curtailed demand for SBR. Both SBR and NR are interdependent feedstock substitutes for the production of tyres for the automotive industry. NR was about 300-400/tonne cheaper than NR, thus prompting the downstream tyre makers to include more NR in their product formulations, thus limiting demand for SBR. Market uncertainty amid the ongoing US-China trade war further depressed demand for SBR.
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.
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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.