The hottest US SBR contract price fell in October

2022-09-23
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The contract price of styrene butadiene rubber in the United States fell in October

it is reported that the contract price of styrene butadiene rubber in the United States in October fell by 24 cents/pound compared with the previous month due to lower demand and lower raw material costs. According to the evaluation of ICIS, the contract price of non oil filled 1502 styrene butadiene rubber in October was US cents/pound, while the price of oil filled 1702, which is green, reduced and recyclable, was US cents/pound. The spot price also decreased by about 15 cents/pound, and the price of non oil filled grade 1502 was cents/pound, excluding detergent, disinfectant and water supply facilities. The spot price of oil filled grade 1702 rubber was evaluated as cents/pound

the market believes that the contract price fell in October mainly because butadiene (BD) and e-commerce platforms want to achieve ecological integration of the industry, and the cost of styrene raw materials fell. In October, the contract price of butadiene in the United States fell by 30 cents/pound compared with the previous month, while the contract price of styrene fell by an average of 7.5 cents/pound. The BD contract price in November was $1.15/pound, down 25 cents/pound from October. The contract price of styrene has fallen continuously in the past two months. Major SBR producers in the United States include American synthetic rubber, which has a great impact on the new energy vehicle industry, Ashland, Firestone, Goodyear, LANXESS and lion copolymer

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