Get the latest insights on price movement and trend analysis of Chloroprene Rubber in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
The price trends for chloroprene rubber, commonly known as neoprene, remained strong throughout the first half of 2022. The inflated costs of feedstock butadiene and the soaring transport costs due to the resurgence of covid cases in China kept the rubber prices high. The prices of butadiene averaged around 11000 RMB/MT in North China. In June, the price of neoprene-Guangdong CR121 averaged 43250 RMB/MT.
The crude oil prices soared to an unprecedented level due to the Russia-Ukraine confrontation, triggering an economic backlash in Europe and giving rise to double-digit inflation. The price of feedstock Butadiene averaged around 1350 USD/MT FD Hamburg. With the high feedstock prices and strong pricing globally, the prices of chloroprene rubber increased by 7.3%.
The prices of chloroprene rubber soared throughout the first half of the said year owing to the inflated prices, supply shortages, lack of skilled labour and robust demand from rubber and automotive industries. The price trends of chloroprene rubber recorded a hike of 4.5% ( approx.) during the said period.
Procurement Resource provides latest prices of Chloroprene 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.
Chloroprene Rubber (CR) is a synthetic rubber that is also known as Neoprene. The properties of CR are well-balanced and include good chemical stability and utility over a broad temperature range. It exhibits good resistance to ozone cracking, heat ageing, and chemical attack because of its low reactivity. For instance, it has only moderate or poor resistance to acids, solvents, and fuels, but good resistance to many chlorofluorocarbons, aliphatic hydrocarbons, mineral oils, greases, and ozone.
|Product Name||Chloroprene Rubber|
|Industrial Uses||Fire protection accessories, Aerospace, Mobile technology, Food Equipment (FDA-approved rubber), Stainless Steel, Medical and Healthcare|
|Molecular Weight||88.53 g/mol|
|Supplier Database||Denka Group, DuPont Performance Elastomers, Dow Chemical Company, Showa Denko K.K., Lanxess AG|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
A butadiene chlorination in the vapour phase is followed by the polymerization of a free-radical emulsion in the integrated process. First, 1,4-dichloro-2-butene and 3,4-dichloro-1-butene are formed by chlorinating butadiene. After that, 3,4-dichloro-1-butene isomers are produced from the 1,4-dichloro-2-butene isomers, which are then further dehydrochlorinated. Caustic soda facilitates the dehydrochlorination, which results in the production of sodium chloride and chloroprene. Chloroprene rubber is the end result of the polymerization process that the produced chloroprene goes through.
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).
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.