Polybutadiene rubber: Trading
The only synthetic rubber with exchange futures
What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.Who buys, and where
- China
- South Korea
- Russia
- Japan and Thailand
- Singapore
Who sells, and from where
- India
- ASEAN tyre plants
- Turkey
- Brazil
- Europe
Price benchmarks
| Benchmark | Publisher | Basis |
|---|---|---|
| SHFE butadiene rubber futures | Shanghai Futures Exchange | futures, daily |
| BR (high-cis) CFR China and CFR India | ICIS, Polymerupdate | spot, weekly |
| BR FD NWE | ICIS | monthly |
Exchanges
| Venue | Contract | Notes |
|---|---|---|
| Shanghai Futures Exchange | butadiene rubber (BR) futures, 5 t lots (indicative), listed 2023 | only exchange-traded synthetic rubber contract |
Contract types
- monthly contracts with tyre makers linked to butadiene
- spot container sales
- captive supply in tyre groups
Traders and distributors
- Chinese futures participants and traders
- producer sales networks
- Indian distributors
How Indian buyers price it
- Indian tyre makers price BR on CFR India against Korean, Chinese and Russian offers; Reliance sets domestic prices with reference to import parity (indicative).
- No current Indian anti-dumping duty on BR was found in sources reached.
Recent price points
| Date | Price | Basis | Source |
|---|---|---|---|
| 8 Sep 2025 | $1,095/t butadiene | CFR China | S&P Global Platts via butadiene tile |
| Nov 2025 | CNY7,021/t (about $988/t) butadiene | China domestic | GlobalData via Just Auto, Dec 2025 |
| 2025 | BR levels not published in sources reached | n/a | SHFE data not fetched |
Good sources to follow
European Rubber Journalfreemium newsletter · Crainsynthetic rubber plants, prices and trade
S&P Global Commodity Insights chemicals newsfreemium newsletter · S&P Globalbutadiene and rubber markets
Mysteel Globalfreemium research site · MysteelChinese synthetic rubber prices and futures