Demand of Styrene Butadiene Rubber - PowerPoint PPT Presentation

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Demand of Styrene Butadiene Rubber

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The styrene-Butadiene Rubber market started the quarter on a weak note owing to sluggish demand fundamentals. As of February, Styrene Butadiene Rubber Price were assessed at USD 3750 per MT on CFR basis. Port of Los Angeles, a key port for imports, has increased mobility after sustained congestion in January, – PowerPoint PPT presentation

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Updated: 29 June 2022
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Title: Demand of Styrene Butadiene Rubber


1
Styrene Butadiene Rubber Price Trend and Forecast
  • The styrene-Butadiene Rubber market started the
    quarter on a weak note owing to sluggish demand
    fundamentals. As of February, Styrene Butadiene
    Rubber Price were assessed at USD 3750 per MT on
    CFR basis. Port of Los Angeles, a key port for
    imports, has increased mobility after sustained
    congestion in January, where 109 vessels were
    stranded in the port of Long Beach, LA. Exporting
    countries South Korea, China and others have
    maintained the material availability on a
    stronger side despite firm freight charges
    between Asia and US West Coast. Buying sentiment
    has been weak owing sluggish rate of production
    in the downstream automotive industry, which
    continues to face semiconductor shortages.
    However, market fundamentals changed drastically
    in the backdrop of the Russia-Ukraine war, which
    impacted the global supply chains. Freight
    charges, after stabilizing in early Q1, changed
    the momentum and again accelerated on several key
    routes, including Asia to the USA and other
    increasing prices of the imported material.
    Hence, Styrene-Butadiene Rubber prices finished
    the quarter on a strong note and were assessed at
    USD 3940 per MT on CFR basis.
  • https//www.chemanalyst.com/Pricing-data/styrene-b
    utadiene-rubber-sbr-1101

2
Styrene Butadiene Rubber prices online
3
Prices of Styrene Butadiene Rubber in Europe
  • The European Styrene Butadiene Rubber market
    remained volatile throughout the first quarter on
    the back of significant volatility in the
    petrochemical market stemming from uncertainty
    regarding crude oil and natural gas prices in
    Europe. Europe, a key exporter of SBR globally,
    faced a substantial rise in all key feedstocks
    and even in later stages of Q1 feedstock
    Butadiene availability became scarce, pressuring
    production rates as well as pricing dynamics of
    all Butadiene polymers and elastomers, including
    SBR. As of March, SBR prices were assessed at
    Euro 3420 per MT on FD basis. Other feedstock
    Styrene also faced inflationary pressure from
    rising upstream crude oil and LNG costs. Thus,
    prices of Styrene Butadiene Rubber increased
    persistently during Q1 2022.
  • https//www.chemanalyst.com/Pricing-data/styrene-b
    utadiene-rubber-sbr-1101

4
Free Search the Styrene Butadiene Rubber
pricing online
5
Demand of Styrene Butadiene Rubber online
  • In India, the Styrene-Butadiene Rubber market has
    been termed as stable to firm owing to high
    feedstock prices and robust demand fundamentals.
    India imports all its Styrene, and major
    exporters have been Far East Asian, Southeast
    Asian and Middle East Asian countries.
  • The European Styrene Butadiene Rubber market
    remained volatile throughout the first quarter on
    the back of significant volatility in the
    petrochemical market stemming from uncertainty
    regarding crude oil and natural gas prices in
    Europe.

6
Find the Styrene Butadiene Rubber Supply online
7
Contact Us ChemAnalyst Contact No- 1
3322586602 E-Mail- sales_at_chemanalyst.com websites
- www.chemanalyst.com
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