Synthetic rubber prices gain, butadiene continues bearish run

London – Synthetic rubber* futures have made marginal gains over the first two weeks of November, reversing a downtrend registered the previous month. (Click on table to enlarge)

Butadiene prices, however, continued to decrease across the global market during the trading week ended 11 Nov, as demand remained subdued amid fears of a looming recession.

According to the latest ChemAnalyst data, collected for ERJ, butadiene prices fell back 30% over the eight-week period between 16 Sept and 11 Nov.

Other commodities monitored by ERJ, however, bucked the negative trend in the first two weeks of November, with EPDM registering a sharp 3.4% week-on-week growth on 11 Nov.

Nitrile, styrene butadiene, polybutadiene and halobutyl rubbers as well as fluoroelastomers remained flat during the week ended 11 Nov, after posting slight recoveries the week before.

*Synthetic rubber prices compiled exclusively for ERJ:
EPDM medium diene FOB Rotterdam, The Netherlands
Halobutyl rubber BIIS CFR, Hamburg, Germany
Styrene butadiene rubber 1502 FD Wuppertal, Germany
Nitrile butadiene rubber 18-40% CFR, Hamburg, Germany
Polybutadiene rubber FOB, Hamburg, Germany.
Fluoroelastomers MV (25-61) FD Hamburg
Butadiene FD Hamburg