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"The footwear makers in Vietnam can support non-oil grade 1502 SBR... as business is still good for the footwear makers compared with the tyre makers", a trader said. "The footwear makers can pay a higher price as they consume less SBR compared with the tyre makers", a regional SBR maker said. "The downstream tyre makers in Asia are mostly running at lower rates because of the slump in the automotive sector and are only purchasing SBR on a hand-to-mouth basis", a trader said. [Extracted from the article]

The article reports on the market condition for Asia butadiene (BD) as of February 2018. Topics include possibility of price increase in March 2018 amid limited spot availability and uncertainty over Chinese demand, BD spot price, and efforts of BD consumers like makers of styrene butadiene rubber (SBR) and polybutadiene rubber (PBR) to oppose increase in BD spot price. Also mentioned are crackers of several firms that are scheduled for shutdown for turnaround in April 2018.

Asia's spot butadiene (BD) prices look set to spike in the near term on strong buying interest amid sharp gains in the key Chinese market. "Our margins are squeezed from rising feedstock BD price and a sharp and rapid BD price uptrend is not sustainable as the SBR and PBR prices are still lagging behind", a northeast Asian SR producer said. Bids for BD at $1,030/tonne CFR NE Asia were heard posted by synthetic rubber producers, but these were rejected by sellers as higher-priced deals may be possible from downstream producers in the acrylonitrile butadiene styrene (ABS) or acrylonitrile butadiene rubber (NBR) sectors. [Extracted from the article]

The article reports that according to market sources, spot prices of polybutadiene rubber in Asia may stop rising soon as downstream tyre makers resist high offers.

The article reports that according to industry sources, acrylonitrile butadiene rubber prices in Asia may decrease amid falling demand in the China market.

The article informs that the prices of styrene butadiene rubber (SBR) are expected to increase, as producers look for a 17% hike in third-quarter contracts, for 2011. Tight supply and surging feedstock butadiene (BD) costs are being cited by producers, as drivers for the price rise. It is stated that the tire industry in southeast Asia and India may resist the 17% SBR price increases for the third quarter.

The article reports that according to chemical industry experts, styrene butadiene rubber (SBR) prices in southeast Asia may continue to decline because of lacklustre demand amid ample supply, with market sentiment weighed down by weak crude prices. Demand is also low in the month of July 2016 market sources said. It informs that SBR and natural rubber (NR) are substitute raw material in the production of tyres for the automotive industry and their prices tend to move in tandem with each other.

The article reports that spot polybutadiene rubber prices in Asia are expected to fall. Downstream tyre manufacturers are retreating to the sidelines amid a constant slump in the natural rubber market. A trader says that most of the consumers are not in a hurry to lock in large volumes because they have enough for May.

The article reports that rising prices in Asia have allowed the U.S. suppliers to export styrene butadiene rubber (SBR) to the region for the first time. Asian prices for non-oil grade 1502 SBR rose by about 350 dollars/tonne. The Asian SBR prices are also pressured up by increasing values for natural rubber.

The article reports that polybutadiene rubber (PBR) producers in Asia are raising their offers for fresh spot shipments after increased PBR prices in the feedstock butadiene (BD) market. According to ICIS data, prices of feedstock BD, on the other hand, increased to average 825 dollar per tonne CFR (cost and freight) Northeast Asia.

This article reports on the major synthetic rubber projects by several producers in Asia as of September 2005. The International Rubber Study Group expects world rubber consumption to rise from 20.03 million tons in 2004 to 20.74 million tons in 2005 and 21.52 million tons in 2006. Partly influenced by the continued strength in the prices of crude oil and synthetic rubber, the group expects natural rubber consumption to rise rapidly, by 6.6 percent in 2005 and 3.8 percent in 2006. BST Elastomer has no firm plans for expansion but Thai Synthetic Rubber, a joint venture between Ube Industries, Marubeni Corp. and Taiwan Synthetic Rubber Corp., has planned a 16 000 ton/year butadiene rubber expansion in 2006.

Presents an update on issues related to the projects of the chemical industry in Asia as of January 2005. Postponement by Hegang Mining Industry Group of its methanol project; Submission by Yangzi PetroChemical Co. to Sinopec of a study on emulsion-styrene butadiene rubber; Construction by GPRO Chemical Co. of a fractionating unit.

The article reports on the possible increase in the prices of spot butadiene (BD) in Asia due to the expected tightening of supply. Topics discussed include the turnarounds at regional crackers in the second quarter of 2015, the restart of operation of downstream polybutadiene rubber (PBR) and styrene butadiene rubber (SBR) plants in China, and the expected start of Ube-Lotte's PBR plant in Malaysia.

The article discusses the global impact of the declining spot butadiene (BD) prices in Asia amid the dropping values of crude oil and naptha in the world market. Topics covered include details relating to the global pricing of crude oil and feedstock naptha, the different uses of BD, and the actions taken by styrene-butadiene rubber (SBR) and polybutadiene rubber (PBR) products in Asia to deal with the weak market conditions. It discusses details relating to PBR pricing in Asia.

The article discusses chemical industries in Asia as of February 2014, reporting that market conditions have led some chemical producers to reduce their operating rates. Topics include supply and demand, the prices of butadiene rubber and natural rubber, the production of tyres in the automotive industry, and the initiatives of companies such as Thai Synthetic Rubbers.

The article reports on the decline of Asia butadiene (BD) prices in June 2013. According to industry sources, prices for BD might continue to fall provided a strong build-up of stocks due to prevailing sluggishness in the market of derivative styrene butadiene rubber (SBR). An industry source mentions that traders have too much stocks of BD in-hand, while there is little appetite for BD due to weak SBR market.

The article focuses on the possibility of the continuous decline of the butadiene (BD) prices in Asia in 2013. It mentions that the decline of the BD prices below $1,800/tonne in March 2013 is driven by the weak downstream of the market for synthetic rubber. It adds that the butadiene rubber (BR) makers are struggling to raise the prices in the middle of a strong resistance from the manufacturers of tyres.

The article focuses on styrene butadiene rubber (SBR) production in Asia, which is a type of synthetic rubber. It says that SBR is used in manufacturing products which include adhesives, automotive goods, and floor tiles. It adds that poor market status of SBR in European countries caused the exportation of SBR to Asia. It also mentions several SBR manufacturing companies including Asahi Kasei Corp., LG Chem Ltd., and Chi Mei Corp.

The article offers information on butadiene (BD), a hydrocarbon used to produce synthetic rubbers and polymer resins. It states that polybutadiene rubber (BR) and styrene butadiene rubber (SBR) are two derivatives of BD that are commonly used in tires. It mentions that BD is obtained as by-products from naphtha and gas oil which are used to make propylene and ethylene. Moreover, Asia constitutes more than 50 percent of BD demand above Europe which accounts 23 percent of global demand.

The article reports on a November 2012 announcement from a source in the Asian spot styrene butadiene rubber (SBR) industry. In the announcement the source indicated that SBR prices may continue to fall in November and beyond as a result of a decline in demand and declining values of feedstock butadiene.

The article reports on the plan of Lanxess to search for potential sites on Asia for a neodymium-catalyzed polybutadiene rubber (Nd PBR) project. Matthias Zachert, chef financial officer (CFO) at Lanxess, claimed that the company will select the site based on energy and raw material contracts. In addition to such project, Lanxess is planning to issue 20 million Euros to increase the capacity at its three sites. The company also invested 10 million U.S. dollars in Gevo to produce isobutanol from renewable resources.

The article offers information on butadiene (BD) contracts in the U.S. for the month of September 2010. Analysts say that the contracts will roll over or fall because of easing supplies in other regions. A downstream styrene butadiene rubber (SBR) producer says that they are expecting a drop in BD prices since Asian prices are very low at this point in comparison to the U.S. price. The article also offers charts depicting variations in chemical prices.

The article reports that the buyers' resistance to the proposed price hikes slows down talks for 2007 second quarter Asian styrene butadiene rubber contract. According to traders and buyers, weak market sentiment following the crash in the stock market, falling butadiene feedstock values and fluctuations in the natural rubber price have dampened buying sentiment. Butadiene spot prices have fallen while buyers have dropped their bids.

The article reports that major butadiene rubber (BR) manufacturers are anticipating a price increase for March 2007 cargoes due to the rise of Asian natural rubber prices and an anticipated increase in demand in the second quarter of 2007. BR producers have seen an increase in spot enquiries for March cargoes. Major butadiene rubber producers in Asia include Kumho Petrochemical, Taiwan Synthetic Rubber Corp. and Gaoqiao Petrochemical.

This article announces the plans of ICIS to launch an Asian polybutadiene report on November 30, 2006. The weekly report will offer price assessments based on information gathered from market players such as producers, consumers, traders, and distributors. It will also contain related factors including: trade indicators, firm bids and offers, notional and rumoured price discussions and reported and confirmed deals.