SBR Prices in US Market Decline Amidst Sufficient Stockpile Availability

SBR Prices in US Market Decline Amidst Sufficient Stockpile Availability

S. Jayavikraman 20-May-2024

Texas (USA)- The SBR prices in the US market decreased amidst the availability of inventories in the domestic market, followed by a decline in production costs in major exporting regions. SBR is an import-driven market in the North American region; hence, any variations in the primary market proportionally impact the final prices of SBR in the domestic market. The primary factors influencing the final prices of SBR in the domestic market encompass both internal and external elements. Internal factors involve price fluctuations of styrene and butadiene (SBR feedstock) in the domestic market, as well as the energy costs necessary for efficient production to meet demand. External factors include the supply chain and demand outlook within the domestic market and internationally. In the previous month, the SBR market witnessed an incline in prices amidst increased production costs and limited supply. As of the week ending May xxth, SBR prices...

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