Wuppertal (Germany): SBR prices in the European region have remained stable despite slight fluctuations since the beginning of xxxx. These prices have been notably influenced by longer transit times and higher freight charges in the regional market, as well as the reopening of the Asian market after the festive break. Moreover, the continuous increase in the prices of SBR feedstock, namely styrene and butadiene, in the global market has contributed to higher SBR production costs. Additionally, the demand for SBR from tire manufacturing units has surged, creating opportunities for better demand agreements in both the European and overseas markets. As of the week ending March xxth, SBR prices were recorded at USD xxxx per MT, FD Wuppertal in the German market.
Despite increasing competition in Europe, SBR retailers and suppliers have maintained stable prices. Economic challenges have affected the commodity&#xx;s sales rate, but key players...
