Polybutadiene Rubber price surge in Europe and Stabilised in US amid mixed supplier’s action

Polybutadiene Rubber price surge in Europe and Stabilised in US amid mixed supplier’s action

Shiba Teramoto 04-Apr-2024

In the latter half of March, Polybutadiene Rubber (PBR) prices stabilized in the US while experienced a surge in Europe and Asian market. This pricing trend can be largely credited to supplier&#xx;s strategic actions, including retracement in Europe, and reduced bulk inventory accumulation efforts. These combined factors significantly influenced the regional market&#xx;s PBR pricing dynamics, contributing to the observed stability and surge.

In the USA, PBR prices have defied a global trend of decline, stabilizing due to strategic short build-up activities by suppliers, countering destocking trends. This resilience reflects supplier adaptability, effectively managing inventories amidst market fluctuations. Despite global pressures, the US export market maintains steady prices, indicating balanced supply and demand dynamics. This stability, evidenced by a price halt at xxxx USD/MT FOB-Texas, assures both domestic and international buyers of a reliable PBR source amid uncertain market conditions. US supplier&#xx;s adept management of production levels and...

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