asia sbr may rise as natural rubber prices continue in myanmar
Asia SBR may rise as natural rubber prices continue to
Asia styrene butadiene rubber (SBR) prices may face upward pressure in May if the natural rubber (NR) and feedstock butadiene (BD) prices continue to rise, according to recent reports. May spot offers for non-oil grade 1502 SBR rose to S$1,480-1,530/tonne CFR (cost and freight) southeast (SE) Asia this week, up by S$80/tonne from the previous month.
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Asia SBR poised to rise as natural rubber and feedstock BD
SINGAPORE (ICIS)--Asia styrene butadiene rubber (SBR) prices may face upward pressure in May if the natural rubber (NR) and feedstock butadiene (BD) prices continue to rise, market sources said on Wednesday.
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Asia SBR may extend gains on BD, NR price increase
“The SBR price will rise because of the rebound in the BD and NR prices. But it will be difficult for the SBR price to rise significantly as there are still some inventories to be cleared,” a Chinese rubber distributor said. BD, which makes up 70% of SBR, is on its third straight week of price gains at $1,450-1,520/tonne CFR NE (northeast) Asia on 3 May, up by 12% from 12 April, according to ICIS.
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Asia SBR may fall on oversupply, falling BD, NR prices
Asia’s abundant SBR supply has prompted regional producers to lower their offers to around $1,150/tonne CFR SE Asia to retain market share, but market weakness in rival product NR could further drive down prices of the synthetic rubber, market sources said.
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Asia SBR under pressure from influx of deep-sea supply, NR
Abundant supply of rival product natural rubber (NR) will also weigh down on the regional SBR market, they said. Non-oil grade 1502 SBR prices were assessed at $1,940-1,980/tonne CFR (cost and freight) southeast (SE) Asia on 16 July, up by $135/tonne or 7.4% since 2 April on the back of surging costs of feedstock butadiene (BD), according to ICIS data.
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Asia SBR faces downward pressure from natural rubber, BD
Buyers are waiting for the SBR price to drop to around or below $1,500/tonne [CFR SE Asia] due to the weak NR and feedstock BD decline,” a trader said. On 8 November, weekly SBR non-oil grade 1502 prices were assessed at $1,550-1,600/tonne CFR (cost and freight) southeast (SE) Asia, down by $150/tonne from early October, ICIS data showed.
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Asia butadiene may track slump in Chinese domestic market
SINGAPORE ()–Spot butadiene (BD) prices in Asia may continue to fall, dragged down by the slump in China’s domestic market, industry sources said on Friday.“Buyers are now only willing to pay around the $1,100/tonne CFR [cost and freight] NE [northeast] Asia level, equivalent to the import parity price of CNY9,000/tonne delivered in east China,” a downstream Chinese synthetic rubber ...
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An elastic growth for synthetic rubber - Rubber Journal Asia
In the second quarter of 2015, it was reported that synthetic rubber prices slid by 15% in Europe and 5% in the US, compared to the same period the previous year. This resulted in an increasing usage of SR. In Europe, for example, utilisation climbed to a ratio of 60% for synthetic rubber versus 40% for natural rubber.
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Record natural rubber values tug at synthetic rubber prices
The rise in natural rubber prices added pressure to the tight synthetic rubber market, which was beset by spikes in cost of feedstock butadiene (BD), industry sources said. BD prices had climbed by more than $200/tonne over the past month to $2,000-2,050/tonne CFR (cost and freight) Asia, according to global chemical market intelligence service, ICIS pricing .
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MALAYSIAN RUBBER EXCHANGE - Global Rubber Markets
SINGAPORE (ICIS)--Styrene butadiene rubber (SBR) prices in Asia may still have room to fall because of abundant supply, stagnant demand amid weakening natural rubber... Global rubber market news SMR20 to average around RM5.80 per kg this year
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Asia SBR may rise as natural rubber prices continue to
Asia SBR may rise as natural rubber prices continue to rise. May spot offers for non-oil grade 1502 SBR rose to S$1,480-1,530/tonne CFR (cost and freight) southeast (SE) Asia this week, up by S$80/tonne from the previous month. ICIS data also showed spot non-oil grade 1502 SBR prices were at S$1,400-1,450/tonne CFR SE Asia on 13 April.
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Asia SBR poised to rise as natural rubber and feedstock BD
SINGAPORE (ICIS)--Asia styrene butadiene rubber (SBR) prices may face upward pressure in May if the natural rubber (NR) and feedstock butadiene (BD) prices continue to rise, market sources said on Wednesday.
Send Inquiry
Asia SBR may extend gains on BD, NR price increase
“The SBR price will rise because of the rebound in the BD and NR prices. But it will be difficult for the SBR price to rise significantly as there are still some inventories to be cleared,” a Chinese rubber distributor said. BD, which makes up 70% of SBR, is on its third straight week of price gains at $1,450-1,520/tonne CFR NE (northeast) Asia on 3 May, up by 12% from 12 April, according to ICIS.
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Asia SBR may fall on oversupply, falling BD, NR prices
Asia’s abundant SBR supply has prompted regional producers to lower their offers to around $1,150/tonne CFR SE Asia to retain market share, but market weakness in rival product NR could further drive down prices of the synthetic rubber, market sources said.
Send InquiryAsia SBR under pressure from influx of deep-sea supply, NR
SINGAPORE (ICIS)--Styrene butadiene rubber (SBR) prices in Asia may come under pressure in the weeks ahead because of ample availability of spot material amid an influx of deep-sea cargoes into the region, market sources said on Thursday. Abundant supply of rival product natural rubber (NR) will
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Asia SBR faces downward pressure from natural rubber, BD
Buyers are waiting for the SBR price to drop to around or below $1,500/tonne [CFR SE Asia] due to the weak NR and feedstock BD decline,” a trader said. On 8 November, weekly SBR non-oil grade 1502 prices were assessed at $1,550-1,600/tonne CFR (cost and freight) southeast (SE) Asia, down by $150/tonne from early October, ICIS data showed.
Send InquiryMyanmar rubber price hits record high - Consult Myanmar
Myanmar rubber is not good enough to export, even as growers complain that the price of $300-400 per tonne is unfairly low, according to U Khaing Myint, secretary of Myanmar Rubber Planters and Producers’ Association.
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Asia butadiene may track slump in Chinese domestic market
SINGAPORE ()–Spot butadiene (BD) prices in Asia may continue to fall, dragged down by the slump in China’s domestic market, industry sources said on Friday.“Buyers are now only willing to pay around the $1,100/tonne CFR [cost and freight] NE [northeast] Asia level, equivalent to the import parity price of CNY9,000/tonne delivered in east China,” a downstream Chinese synthetic rubber
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