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Nitrile Butadiene Rubber Demand

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.

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Nitrile Butadiene Rubber Demand

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  1. 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-butadiene-rubber-71

  2. Nitrile Butadiene Rubber prices online

  3. 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-butadiene-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.

  6. prices of Nitrile Butadiene Rubber online Market

  7. Contact Us: ChemAnalyst Contact No:- +1 3322586602 E-Mail:- sales@chemanalyst.com websites:- www.chemanalyst.com

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