In Q1 2025, the Styrene Butadiene Rubber (SBR) market witnessed a stable upward trend across the APAC region, driven by consistent demand from the automotive and tire industries. In South Korea, SBR 1502, Non-Oil Grade FOB Busan prices reached approximately USD 2007/MT, reflecting moderate market strength and steady raw material costs. The region maintained balanced supply and demand dynamics, supporting price stability. In contrast, European markets recorded a sharper 2.25% increase in SBR prices, driven by stronger recovery in automotive production and tightening regional supply. Overall, the global market showed firm momentum in Q1 2025, with growth fuelled primarily by the automotive and tire sectors.







