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 Q1 2017
Non-oil grade 1502 styrene butadiene rubber (SBR) spot prices continued to trend up in January 2017, but the price uptrend started to fizzle out in mid-February.
Non-oil grade 1502 SBR prices rose from $1,750/tonne CIF China in early November 2016 to hit $3,000/tonne CIF China in early February, bolstered by escalating feedstock butadiene (BD) costs and strong Chinese demand on re-stocking activities.
However, from mid-February, SBR prices started to decline and fell to around $2,525/tonne CIF China by 22 March.
The SBR price decline tracked the falls in the feedstock BD price, and soft natural rubber (NR) prices.
The feedstock BD price had plunged by $1,200/tonne from 10 February to $1,800/tonne CFR NE Asia on 24 March.
NR prices had also fallen below $2,000/tonne in early March, further exerting downward pressure on SBR price in March.
NR and SBR are substitute raw materials in the production of tyres for the automotive industry and their price movements tend to impact each other.
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.
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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.
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