North America Styrene Butadiene Rubber (SBR) Prices Movement Q3
Styrene Butadiene Rubber (SBR) Prices in USA:
In Q2 2024, Styrene Butadiene Rubber (SBR) Prices in the United States reached $2,140 per metric ton. Prices rose due to strong demand from the tire and automotive industries. Increased costs for key materials like styrene and butadiene, along with supply chain issues from geopolitical tensions, contributed to the price surge. Seasonal production and sales trends also supported the upward pricing movement.
Styrene Butadiene Rubber (SBR) Prices in Japan:
In Q2 2024, SBR prices in Japan reached $1,840 per metric ton. The price increase was driven by higher feedstock costs and stable naphtha prices, raising production expenses. There was also a rise in procurement and inventory buildup in anticipation of higher demand, along with a recovery in the automotive sector. These factors together supported the upward price trend in the region.
Styrene Butadiene Rubber (SBR) Prices in Germany:
SBR prices in Germany reached $1,845 per metric ton in Q2 2024. The price hike is attributed to the increase in feedstock and production costs. The other factors include continued demand from the automotive and tire sector, seasonal increase in tire production, logistics occurances which contributed to the hike in prices. The market thus proved would be economic slowdown despite continued demand and limited supply chain capacity.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Styrene Butadiene Rubber (SBR) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Styrene Butadiene Rubber (SBR) price trend, offering key insights into global Styrene Butadiene Rubber (SBR) market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Styrene Butadiene Rubber (SBR) demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
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