Kumho notes uptrend in butadiene, SR prices

Seoul – South Korean petrochemicals company Kumho Petrochemical has reported an upward trend in the prices of butadiene and synthetic rubber in the first half of 2018.

The “gradual” increase in butadiene prices, said the company 6 Aug, was a result of a decline in supply, due to “regular maintenances, ‘troubles’ and increased demand caused by favourable ABS market”.

The comments seem in line with recent market reports suggesting that several Asian-based SR producers are running plants at reduced capacity due to weak market conditions.

Citing figures from…

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