In recent times, there seems to be a significant rise in oversupply in both the Styrene Butadiene Rubber (SBR) and Polybutadiene Rubber (PBR) markets. What is causing this oversupply and how will global market players cope with this bearish sentiment? All this and more will be covered in this whitepaper and to give you a preview, we have made a section of the whitepaper available to you.
Download a free whitepaper covering an in-depth review of pricing, supply and demand, as well as a near-term outlook for Chinese SBR and PBR markets.
All data in the whitepaper was taken from the China SBR and PBR Annual Studies..
China’s SBR Supply
As the largest derivative market of SBR, the downstream tyre industry was bearish, with prices plunging in the year, with domestic vehicle development facing a bottleneck and the US and other countries taking a series of protectionist policies. In addition, the weak crude oil and macro-economy, as well as the sluggish natural gas (NR) market, cast a cloud over the SBR market. Access the full whitepaper here
China’s PBR Supply
The PBR market remained in oversupply in 2015. Prices decreased further and hit the lowest level since 2008 in late January, while fluctuations narrowed. In addition, the sharp decreases in crude oil prices dampened the overall petrochemicals industry. Domestic economy slowed down and NR prices kept falling. These unfavourable factors also exerted downward pressure on the domestic PBR market.Access the full whitepaper here
The ICIS China SBR and PBR Annual Studies provide exclusive insights into the country’s rapidly evolving rubber markets by providing an in-depth supply and demand review and outlook for Chinese rubber. Invest in the China Annual Studies to make better-informed commercial and business decisions, as well as robust risk strategies.Enquire about the China Rubber Annual Studies
Key questions answered by the ICIS China SBR Annual Study:
Key questions answered by the ICIS China PBR Annual Study:
The new ICIS Supply and Demand Window offers an 11-year view on supply & demand and trade flows across 61 petrochemical markets. Through revealing producers’ manufacturing capabilities, the Supply and Demand Window provides an informed view of trade patterns to support your strategic plans, budgets and forecasts.Enquire about Supply and Demand services