In Q4 of 2021, BR prices were recorded at 2411 USD/MT in October, 2468 USD/MT in November, and 2193 USD/MT in December. Several market participants in North America said that demand from the tyre and footwear industries remained strong during the fourth quarter, ending 2021 on a high note in terms of output and revenue. Polybutadiene rubber use had surged in Q4 of 2021. Meanwhile, supply fundamentals had improved following a difficult third quarter in which truck availability was described as severely limited throughout the North American region. After a tumultuous third quarter, feedstock butadiene prices eased in the fourth quarter. The above demand pattern had been vindicated by PBR prices, which had continued to rise throughout Q4. PBR prices were assessed at USD 2550 per MT in early October, and concluded the quarter at USD 2760 per MT in December. PBR prices in Asia dropped from USD 2326 per MT in October to USD 2210 per MT FOB in December. Increased consumption benefited the PBR market in Europe, and the Ex-work price jumped from USD 2630 per MT in October to USD 2890 per MT in December. The butadiene market continued to rise, putting pressure on manufacturers to keep PBR prices stable during Q4.
Procurement Resource provides latest prices of BR (Butadiene Rubber). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of BR (Butadiene Rubber) for several regions around the globe, which are as follows:
About BR (Butadiene Rubber):
BR (Butadiene Rubber) is one of the cheapest synthetic rubbers or general purpose elastomers obtained from the monomer 1,3-butadiene via its anionic polymerization or coordination polymerization in a non-polar solvent. It is sometimes used as a replacement to natural rubber (NR). It is available in three types, viz. high-cis, medium-cis, and low-cis, with medium-cis rubber being the most popular grade. BR is most widely used in the manufacture of tires owing to its high resistance to wear and abrasion.
In this process, butadiene gas is dissolved in hydrocarbon solvent, which is then polymerised in the presence of Ziegler-Natta catalyst to finally give BR (Butadiene Rubber).
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).