Due to tight supply and rising raw material prices, Asian butadiene rubber prices may rise further in December. Some suppliers proposed that the price of goods shipped in December should be increased by US$200/ton to US$3,500 to US$3,600 per ton (China CIF).
Asia's largest butadiene rubber manufacturer, South Korea’s Hunan Petrochemical Company, shut down and shut down its 222,000 tonne/year plant in Yeosu, Korea, in October, affecting supply in Asia. In addition to tight supply, the rising raw material butadiene price has also increased the pressure on the price of butadiene rubber.
Asia's largest butadiene rubber manufacturer, South Korea’s Hunan Petrochemical Company, shut down and shut down its 222,000 tonne/year plant in Yeosu, Korea, in October, affecting supply in Asia. In addition to tight supply, the rising raw material butadiene price has also increased the pressure on the price of butadiene rubber.
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