Published on August 25, 2014

Industry sources said that Butadiene Rubber market shows prices fall due to fall in feedstock Butadiene for the current week. Market players said that at present demand in this industry is lower than the expectation because generally in this quarter demand in this sector remains good. Market players said that they have adopted wait and watch situation as they are not planning to stock inventory at present. They added that demand is steady due to low supply in Asian region because of lower operation rates of plants.

International market players said that they are expecting Styrene Butadiene Rubber prices to come down further because of ample supply of product in the market. Asian players are finding it difficult to compete with the material coming from European manufacturers said by market players.

Market Analysts said that Natural Rubber and Styrene Butadiene Rubber are substitute for each other for tyre industry and there prices are likely to impact each other in near future. Sources said that generally in monsoon season demand of SBR remains dull as a result prices are likely to come down in near term. Demand of Styrene Monomer from this industry also remained dull for the current week as told by Traders.