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Asia's SBR and butadiene spreads to record low

 Last Update: 2021-06-21
 Source: Internet
 Author: User

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Recently, Platts data showed that the price difference between SBR and butadiene in Asia on June 4 fell by US$180/ton compared with the previous week, which was the lowest of US$650/ton in 6 months.
The price of butadiene raw materials is where Stronger, while SBR prices have weakened
.

CFR Northeast Asia SBR prices fell by US$130/ton from the previous week, the lowest level since February this year, while CFR China’s butadiene prices rose by US$50/ton

The Asian SBR market weakened on June 7, and the increase in new coronary pneumonia cases affected factory operations, resulting in a decrease in SBR demand in the region
.

The China Automobile Manufacturers Association said that due to the shortage of microchips for automobiles and bearish demand, China's car sales in June are weakening

The Asian butadiene market has been rising after opening an arbitrage window to the Americas
.

Traders said that from June to the first half of July, about 15,000 tons of butadiene have been shipped from South Korea and China to the United States or Mexico

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