Synthetic rubber prices sharply down in Delhi market (Business Opportunities - Home Business)
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Synthetic rubber prices sharply down in Delhi market | |
The synthetic rubber market witnessed a notable price correction for Styrene Butadiene Rubber (SBR) grade 1712, with rates slipping from Rs.172/kg on 2 August 2025 to Rs.168/kg by 6th August 2025, marking a Rs.4/kg decline over a short span. This drop in prices is being attributed to a combination of moderate industrial demand, steady supply inflows, and softening raw material trends globally and domestically. SBR 1712 is widely used in the production of automobile tyres, conveyor belts, footwear soles, and various moulded rubber goods. The grade is particularly favored for its good abrasion resistance and aging stability, especially in applications where oil resistance is not critical. It is an essential polymer in the tyre industry, especially for passenger vehicle and light truck tyres, owing to its ability to improve performance characteristics. In recent weeks, industry sources in Delhi report that several downstream segments such as tyre manufacturers and footwear units** have adopted a cautious procurement strategy. Many buyers are delaying purchases or sourcing minimal volumes due to expectations of further price correction and uncertainties around end-user demand. This has led to an inventory build-up with dealers and distributors, especially in the northern Indian markets, thereby exerting downward pressure on SBR prices. Furthermore, the raw material environment has also contributed to the price dip. Globally, prices of styrene and butadiene, the two primary feedstocks for SBR have shown a softening trend due to lower crude oil prices and limited buying activity in Asian markets. The import parity pressure is also mounting, as some overseas suppliers are offering competitive quotes in response to subdued global demand. Logistics and operational costs have remained largely stable, but the absence of strong seasonal demand has kept the market sentiment subdued. Despite this correction, some market participants believe that prices may find support near current levels if tyre production picks up ahead of the festive and agricultural season, where vehicle and equipment sales generally rise. While buyers currently have the upper hand, sellers are keeping a close eye on upcoming raw material contract settlements, monsoon-related supply disruptions, and export-import parity shifts that could influence SBR pricing in the coming days. In conclusion, the price drop in SBR 1712 in the Delhi market is a result of weak downstream demand, ample local availability, and bearish feedstock trends. Stakeholders across the synthetic rubber value chain are advised to monitor the market closely, as further movements will largely hinge on demand recovery signals and input cost fluctuations, SBR Prices in India, Indian SBR Prices, Indian Prices SBR, IndianPetrochem. #SBRpricesinIndia #IndianSBRprices #IndianPricesSBR #IndianPetrochem | |
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| Target State: All States Target City : Delhi Last Update : 06 August 2025 6:36 PM Number of Views: 24 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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2025-08-12 (0.464 sec)