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Styrene Butadiene Rubber pricing

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.

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Styrene Butadiene Rubber pricing

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  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-butadiene-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-butadiene-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@chemanalyst.com websites:- www.chemanalyst.com

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