Continued decline in prices of butadiene and synthetic rubber

Continued decline in prices of butadiene and synthetic rubber

Continued decline in prices of butadiene and synthetic rubber

Prices in Asian markets fell again as demand for butadiene declined and concerns about oversupply increased. Synthetic rubber (SBR) also saw a significant drop in prices this week. Platts: The decline in demand for butadiene in Asian markets has again led to a drop in the price of this product, but it seems that there are signs of a decline in the price of this product in the current situation, and this has prevented a sharp fall in prices. Weakening demand for butadiene has been driven by declining purchases from downstream manufacturers, especially ABS and SBR. 


The Chinese government has taken a tough line this year for manufacturers of polymer and rubber products to deal with environmental pollution, which has led to limited production of these products and reduced demand for butadiene. As a result of this trend, concerns have been raised about creating a supply surplus in the market of this product. Last week, the price of a ton of ABS fell by $ 30 to $ 1,720 in Chinese CFR contracts. The SBR1502 also fell to $ 2050 at CFR Southeast Asia with a $ 190 price drop. Butadiene traded down $ 25 to $ 1,275 under the CFR Far East Asia contract.   

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