Prices for PBR in the asian market were steady at mid-January **** due to the balancing of tightness in cost side support due to increasing demand from the downstream market and limited availability from upstream sources. While there was a small price correction at the beginning of the month and modest increases throughout the month, overall the structure of the market suggests more stability than further downside in terms of potential future price decreases from either side of the market this is primarily driven by controlled supply and cautious supplier strategies.
PBR production continues to operate normally with manufacturers exercising discipline in inventory management through their distribution channels. The Statistics Japan has published data on butadiene-based rubber exports from Japan at approximately **,***.*** MT for November ****, which represents a *.*** decline in export quantity compared to October **** and some softness...
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