Styrene-butadiene rubber market in the near future in Northeast Asia market overview

Asia-Pacific region, the spot price of SBR (CFR) U.S. dollars / ton

Level of non-oil-filled 1502

Hong Kong and China the main USD / MT 1480 ~ 1500

South-East Asia USD / MT 1500 ~ 1550

Oil-filled 1712 level

Hong Kong and China the main USD / MT 1360 ~ 1380

South-East Asia USD / MT 1400 ~ 1450

Market Review

Northeast Asia: July 15 non-oil-filled class 1502 to 1480 to keep prices 1500 U.S. dollars / ton (CFR China main port), deserted as a result of the transaction. China to reduce cash transactions, as a result of adequate domestic supply of goods. With the end-user transactions is limited, mostly hovering around 1500 U.S. dollars / ton (CFR China main port), despite the South-East Asia from the small cargo volume in July to 1550 U.S. dollars / ton (CFR China main port) of the sale price.

China entered the Korean goods to reduce the transaction, due to limited supply of cash. However, there are rumors that aim at the other Korean manufacturers such as the favorable market in Southeast Asia, Australia and India, not only with low-cost goods in China and the Russian cargo competition.

At the same time, non-oil-filled class goods in the third quarter of 1502 of the contract settlement price in 1530 to 1570 U.S. dollars / ton (CFR Northeast Asia) than in the second quarter of the contract low of 30 to 40 U.S. dollars / ton. However, some early in the third quarter of the contract settlement price for 1550 to 1600 U.S. dollars / ton (CFR Northeast Asia).

Oil-filled 1712 level prices than non-oil-filled level of about 1502 low of 100 goods to 150 U.S. dollars / ton.