Material Insights · Understanding the Material World

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

BenchmarkPublisherBasis
SHFE butadiene rubber futuresShanghai Futures Exchangefutures, daily
BR (high-cis) CFR China and CFR IndiaICIS, Polymerupdatespot, weekly
BR FD NWEICISmonthly

Exchanges

VenueContractNotes
Shanghai Futures Exchangebutadiene rubber (BR) futures, 5 t lots (indicative), listed 2023only 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

DatePriceBasisSource
8 Sep 2025$1,095/t butadieneCFR ChinaS&P Global Platts via butadiene tile
Nov 2025CNY7,021/t (about $988/t) butadieneChina domesticGlobalData via Just Auto, Dec 2025
2025BR levels not published in sources reachedn/aSHFE data not fetched

Good sources to follow

European Rubber Journalfreemium newsletter · Crain

synthetic rubber plants, prices and trade

S&P Global Commodity Insights chemicals newsfreemium newsletter · S&P Global

butadiene and rubber markets

Mysteel Globalfreemium research site · Mysteel

Chinese synthetic rubber prices and futures