Bitumen up 1.92, butadiene rubber up 1.15, natural rubber up 0.42, fuel oil flat; drivers differ, so one average fits none.

On Oct 30, 2026, SNSUC launched dedicated carbon footprint modules for natural rubber and butadiene rubber on its DCS+ platform, enabling LCA-based assessment and alignment with ISO 14067 and GHG Protocol standards.

On Oct 28, 2026, the EC finalized CBAM Phase III rules: natural and butadiene rubber-based finished goods will face mandatory reporting from 2027, with pilot traceability and pre-registration starting Q4 2026.

On Oct 29, 2026, SNSUC launched a dedicated carbon footprint module for natural & synthetic rubber on its DCS+ platform, enabling ISO 14067-compliant LCA reporting.

Fuel oil up 5.31% and bitumen up 4.96% move together; natural rubber slips while butadiene rubber gains 2.82%, splitting the rubber family.

Butadiene (BR) settled at 16,170 RMB/t, +1.51%, outrunning natural rubber (NR) at 19,700, +0.43%. The NR-BR spread narrowed to 3,530 RMB/t from above 3,800. Tight butadiene supply is the main driver behind BR's strength, and tire makers are rebalancing blend ratios against spread hedging.

Fuel oil (+2.29%) and butadiene rubber (+1.63%) rose in tandem, signaling strengthened cost-pass-through from refining to synthetic rubber. Bitumen gained +1.00%, while natural rubber dipped -0.23%, highlighting divergent end-demand trends.

Fuel oil rose while bitumen fell; natural and butadiene rubber both eased, splitting the 13 categories into two camps with distinct drivers.

Fuel oil gave back 2.29% while bitumen rose 1.75% on its own; both rubbers hugged the floor. The two chains run on different drivers and hedges must be split.

Natural rubber front-month printed ¥19,890/t (−0.08%) and butadiene rubber ¥15,935/t (−0.25%), holding the NR-BR spread at ¥3,955. With both soft, the economics of tyre-blend substitution reopen; bonded digital warehouse receipts pledged at T+0 free up working capital, and a 50kt NR parcel worth about ¥995m can be recycled.