The hottest weekly report on rubber market price i

2022-10-19
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Weekly report of rubber market price in Asia and the Pacific this week

week (as of)

styrene butadiene rubber

(non oil filled 1502)

styrene butadiene rubber

(non oil filled 1502)

styrene butadiene rubber

(oil filled 1712)

(oil filled 1712)

(Southeast Asia CFR)

(China CFR)

(Southeast Asia CFR)

(China CFR)

April 25

market comment:

in Northeast Asia, the spot price of non oil filled 1502 SBR fell to US dollars/ton (CFR China), but the supply of ocean going ships from Europe to China has decreased, and China's interest in imported goods is low, The reason is the sluggish performance of the domestic market

in order to stimulate China's purchase interest, some manufacturers in the region have reduced the quotation of 1502 to 1750 US dollars/ton (CFR China). The spot price of Russia 1502 is about USD/ton (CFR China)

similarly, the spot price of oil filled grade 1712 was also lowered to $1500/ton (CFR China), down $20/ton from the previous price. The quotation of Russia 1712 is about 1450 US dollars/ton (CFR China)

in the domestic market, buyers hold a wait-and-see attitude as the expected price declines. The weakness of domestic butadiene prices also further depressed SBR prices, causing the local spot price of 1502 to fall by yuan/ton to 15,, 100 yuan/ton (delivery price), and the spot price of 1712 to fall by yuan to 13,, 500 yuan/ton

Taiwan has an annual production capacity of 12, and the change of power supply voltage should not be. In addition, there are some random errors that affect the test results to exceed ± 10% of the rated voltage. The 10000 ton SBR device is planned to be shut down for maintenance for three days from May 17. Japan's spot supply is also limited because its production is supplied to domestic and long-term contract customers. The spot price of Japanese cargo is 1850 US dollars/ton (CFR Northeast Asia). The spot supply of another Northeast Asian manufacturer is also small, because the manufacturer has to stock up before the overhaul of the device in September

1502 the contract settlement price in the second quarter was USD/ton (CFR Northeast Asia), which was higher than that in the first quarter. 1712 the contract settlement price in the second quarter was USD/ton (CFR Northeast Asia), which was higher than the contract settlement price in the first quarter by USD/ton

in Southeast Asia, the spot price of 1502 fell to USD/ton (CFR Southeast Asia) due to the weak price of butadiene. However, the manufacturer said that the transaction price of some small shipments was 1800 US dollars/ton (CFR Southeast Asia), and most of the transaction price was US dollars/ton

the downstream small and medium-sized tire manufacturers said that the uncertainty of the price direction in the third quarter has depressed the market fundamentals. Due to uncertainty, these buyers are unwilling to purchase on a monthly and quarterly basis, so they only purchase on demand. The fierce competition of large and powerful tire manufacturers also occupied the market share of these small and medium-sized manufacturers after the replacement, squeezing their profits, the buyer said

The spot price of

1712 is US dollars/ton (CFR Southeast Asia), and the trading price of the shipment in June is US dollars/ton (CFR Asia). The previous quotation of US $1600/ton did not attract buyers' interest

in India, the spot transaction price of 1502 is US dollars/ton (CFR India), and buyers are unwilling to accept an offer higher than US $1800/ton (CFR India). The supply of ocean going cargoes in Europe has decreased due to the appreciation of the euro and the strong domestic market in Europe

this has prompted Asian manufacturers to set their spot price of 1502 at the price of USD/ton (CFR India). However, the Indian market is indifferent to purchases above US $1800/ton (CFR India)

1712 demand is still strong. The spot transaction price is about US dollars/ton (CFR India), and the spot quotation is US dollars/ton

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