RecentlyThe price of butadiene, the main raw material of synthetic rubber, continues to rise, which jointly promotes the price of synthetic rubber in the domestic and international markets to continue to rise. Domestic synthetic rubber manufacturer Taiwan Rubber (TSRC) has raised its price every half month since February, and NBR manufacturer NANCAR has also raised its NBR quotation since March. In the international market, South Korea and Japan will have an increase of USD 200~400/ MT in SBR, BR, and NBR respectively.
Looking ahead, the market demand is still unclear, and it remains to be seen whether this wave of increases will be supported
The following is the recent trend chart of butadiene