ResearchIndustry2026-09-27
Butadiene Rubber Leads, NR-BR Spread Holds at ¥3,920: Tyre Formula Window Narrows, Bonded Receipts Back the Buy
Natural rubber at ¥19,600/t (+2.51%) and butadiene rubber at ¥15,680/t (+5.73%) keep the spread at ¥3,920/t. Firm synthetic rubber squeezes the tyre-maker's substitution window; bonded digital receipts can be pledged to free procurement cash.