prices of Nitrile Butadiene Rubber - PowerPoint PPT Presentation

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prices of Nitrile Butadiene Rubber

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The Nitrile butadiene rubber market has been termed as weak owing to sluggish market fundamentals. Material availability of NBR has been ample due to the influx of imports to US ports from Far East Asia and Europe. Despite resolutely high freight charges, Japan and South have been key exporters of the material importing hefty amounts of NBR on US shores. – PowerPoint PPT presentation

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Title: prices of Nitrile Butadiene Rubber


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Nitrile Butadiene Rubber Price Trend and Forecast
  • The Nitrile Butadiene Rubber market has been
    termed as weak owing to sluggish market
    fundamentals. Material availability of NBR has
    been ample due to the influx of imports to US
    ports from Far East Asia and Europe. Despite
    resolutely high freight charges, Japan and South
    have been key exporters of the material importing
    hefty amounts of NBR on US shores. Shipping costs
    and freight charges have again been on the rise
    after stabilizing in late Q4 2021 and early Q1
    2022. This has further deterred market sentiment
    and sent wait and see (conservative) approach
    among buyers. On-demand side, both Tire and
    Non-Tire consumption of NBR have slowed down,
    further deterring buying activities in the
    regional market. Hence, as of March, Nitrile
    Butadiene Rubber Price were assessed at USD 2820
    per MT on CFR basis.
  • https//www.chemanalyst.com/Pricing-data/nitrile-b
    utadiene-rubber-71

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Nitrile Butadiene Rubber prices online
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Nitrile Butadiene Rubber Pricing online
  • Feedstock Butadiene prices increased
    substantially throughout the quarter, where
    Butadiene prices doubled to USD per MT after the
    conclusion of the first quarter. However,
    lacklustre performance of the construction
    industry denied the increase in butadiene prices
    to similar increase in Acrylonitrile Butadiene
    Rubber prices. Nitrile butadiene rubber pricing
    remained primarily stable throughout Q1 on the
    back of sluggish offtakes from downstream
    industries. As of March, Acrylonitrile Butadiene
    Rubber prices were assessed at USD 3740 per MT on
    FOB basis for NBR of Mooney Viscosity 140. In
    India, prices of Acrylonitrile Butadiene rubber
    started the quarter on a weaker note during the
    first quarter on the back of soft to stable
    demand from downstream automotive and
    construction industries. However, prices changed
    the momentum in the 2nd half of the quarter as
    the uncertainties regarding global supply chains
    gained traction and consequently, prices of NBR
    rose by 3-5 in the Indian domestic market
    depending on the location.
  • https//www.chemanalyst.com/Pricing-data/nitrile-b
    utadiene-rubber-71

4
Nitrile Butadiene Rubber Supply In
Global Market
5
Demand of Nitrile Butadiene Rubber In USA
  • Feedstocks Acrylonitrile and Butadiene prices
    climbed during the first quarter in the global
    market, and the European market also mirrored the
    same market sentiment.
  • The rise in feedstock prices increased the
    inflationary pressure on downstream Nitrile
    Butadiene Rubber (NBR). Hence prices of NBR
    gained consistently throughout Q1 2022.

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prices of Nitrile Butadiene Rubber online Market
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