ICIS sees gloomy SBR outlook in Europe

ERJ staff report (BC)

Sutton, UK – The 2013 outlook for the European styrene butadiene rubber (SBR) market is very uncertain, says ICIS in a free-of-charge report, as tire sales look set to continue falling in 2013 driven by poor car and replacement tire demand.

About two-thirds of SBR output is used by the tire industry.

ICIS quotes the monthly contract price of 1500 grade SBR in December 2012 as €1 980-2,050/tonne, for free-delivered (FD) northwest Europe (NWE) material, while 1723 grade was at €1 880-1 920/tonne…

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