The third quarter Nitrile Butadiene Rubber prices remained high due to tight supply with better buying appetite from domestic as well as Asian buyers. Further increase was seen in the contract prices because of the increased upstream values. Maintenance shutdowns, unplanned issues kept the NBR supply snug throughout the quarter. Revived demand from Asia was starting to again support trader sentiments. Closure of Lanxess AG’s NBR unit in Q2, supported the high pricing of the product during the third quarter.
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Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.
Basic details and information on financial performance of leading global players in the Acrylonitrile market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.
Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.
Nitrile Butadiene Rubber, commonly called as Nitrile Rubber is an oil resistant synthetic rubber fabricated from the copolymerization of Acrylonitrile (ACN) and Butadiene. The percentage of Acrylonitrile present in NBR varies from 15 to 50 per cent. Increasing content of Acrylonitrile leads to higher strength, greater oil resistance, and lower permeability to gases. The various trade names of NBR are Perbunan, Nipol, Krynac and Europrene. This rubber is mostly used where high resistance to oil, fuel and other chemicals is required. It is used in textile industries to improve the finish and waterproofing properties of woven and non-woven fabrics. It is used in the automotive and aeronautical industry to manufacture fuel and oil handling hoses, seals, grommets, and self-sealing fuel tanks. It is more resistance to oil and acids than other rubbers.