India’s synthetic rubber (SR) market, which started 2025 on a positive note with demand picking up, witnessed a general decline in SR prices in subsequent months, mirroring the downward trend in feedstock butadiene costs that tracked falling crude oil prices. Players, while exuding satisfaction over demand in recent months, exhibited an optimistic outlook for the future with tensions easing on the tariff front, especially involving China and the US.
Highlights
• Slipping butadiene costs impact prices of SBR, BR and NBR
• Near steady domestic production fails to match rise in consumption
• EPDM, Silicone Rubber prices near stable since February