SNCP:Rubber Material Prices Will Continue To Rise-Henan Xuannuo Chemical Co., Ltd

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SNCP:Rubber Material Prices Will Continue To Rise
1970-01-01

According to the "European Rubber Journal" reported on February 17, the latest data released by the French Federation of Rubber and Polymers (SNCP) show that since the beginning of this year, the price of rubber materials has been running in an upward channel.

The synthetic rubber market partially reflects the price of butadiene, which rose 38% year-on-year in early 2022, in line with the trend in the crude oil market. The price increases of various synthetic rubbers are as follows: styrene-butadiene rubber (SBR) up 35%, ethylene-propylene-diene rubber (EPDM) up 60%, nitrile-butadiene rubber (NBR) up 57%, and neoprene rubber (CR) up 28% %. At the same time, the price of the rubber reinforcing agent carbon black (N300) also rose by 38%.

In the natural rubber market, SNCP's tracking shows that the price of RSS3 tobacco sheet rubber has rebounded year-on-year, and the transaction price in January was US$1.98/kg. Looking back at January 2021, RSS3 prices trended significantly higher, when prices approached $1.63/kg, but were still well below the $2.17/kg price seen during the 2020 outbreak.

The SNCP said rubber prices will continue to rise in 2022.

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