On May 8, the SBR (Styrene-Butadiene Rubber) market in the East China region trended downward amidst weak sentiment. Following a retreat from recent highs in the international crude oil market, SBR suppliers lowered their offering prices by 400 RMB per ton. Consequently, traders adjusted their quotes downward slightly by 200 to 300 RMB per ton. Currently, the mainstream quoted price for SBR 1502—from producers such as Fushun, Jihua, Qilu, Weitai, Yibang, and Lanhua—stands at 15,900 to 16,200 RMB per ton.
In the spot market, the pullback in international crude oil prices from elevated levels has eroded cost-side support. SBR manufacturers have reduced their ex-factory quotes by 400 RMB per ton, with traders following suit by lowering their own offers by 200 to 300 RMB per ton. The prevailing market price for SBR 1502 is currently quoted between 15,900 and 16,200 RMB per ton; the market is exhibiting an overall weak downward trend, exerting a generally bearish influence on prices.
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