# Polybutadiene rubber: Trading

The only synthetic rubber with exchange futures

Source page: https://www.materialinsights.org/chemicals/polybutadiene/trading/

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 Journal](https://www.european-rubber-journal.com)freemium newsletter · Crain

synthetic rubber plants, prices and trade
[S&P Global Commodity Insights chemicals news](https://www.spglobal.com/energy/en/news-research/latest-news/chemicals)freemium newsletter · S&P Global

butadiene and rubber markets
[Mysteel Global](https://www.mysteel.net)freemium research site · Mysteel

Chinese synthetic rubber prices and futures

## Other sections

- [Summary](https://www.materialinsights.org/chemicals/polybutadiene/index.md)
- [Overview](https://www.materialinsights.org/chemicals/polybutadiene/overview/index.md)
- [Correlation](https://www.materialinsights.org/chemicals/polybutadiene/correlation/index.md)
- [Production route](https://www.materialinsights.org/chemicals/polybutadiene/routes/index.md)
- [Production](https://www.materialinsights.org/chemicals/polybutadiene/production/index.md)
- [Feedstocks](https://www.materialinsights.org/chemicals/polybutadiene/feedstocks/index.md)
- [Cycles](https://www.materialinsights.org/chemicals/polybutadiene/cycles/index.md)
- [Movement](https://www.materialinsights.org/chemicals/polybutadiene/movement/index.md)
- [Regulation](https://www.materialinsights.org/chemicals/polybutadiene/regulation/index.md)
- [Characteristics](https://www.materialinsights.org/chemicals/polybutadiene/characteristics/index.md)
- [Emissions](https://www.materialinsights.org/chemicals/polybutadiene/emissions/index.md)
- [Relationships](https://www.materialinsights.org/chemicals/polybutadiene/links/index.md)