DARKHORSE--from tech to market, for the long run.
2026 Week10 material price in China
for rubber and tire industry.
DH MKT TEAM
3/9/20261 min read
Overall, most products rebounded or stabilized in week 10, especially butadiene and some synthetic rubbers, indicating that the market has begun to factor in geopolitical risk premiums.
1. Butadiene saw a significant increase, becoming the core driver.
Butadiene: 10413 → 11720 yuan/ton (+1300)
This was the most significant change this week. As a core monomer for synthetic rubber, butadiene's price rose rapidly due to market restocking in advance should there be uncertainty in Middle Eastern supply.
2. Butadiene rubber and SBR followed suit.
BR9000 and SBR1712 both saw increases of approximately 600-800 yuan, largely consistent with the cost-driven logic of butadiene.
3. Natural rubber is generally strong.
RSS3: 19200 → 19450, while Mixed STR20: 15902 → 15714 (slight pullback)
Natural rubber is generally strong, but the increase is not significant, indicating that the current market is mainly driven by the petrochemical chain rather than end-user demand for rubber.
If supply from the Strait of Hormuz continues to be disrupted, we may witness a further restructuring of the petrochemical industry chain.