In partnership with Agridence, SGX Commodities has launched a pioneering SIR20 physical spread index for Physical Natural Rubber.

This spread index is derived from physical rubber trades on the Agridence trading platform, following an index methodology that leverages industry expertise and knowledge, with strong endorsement from a panel of industry representatives appointed by Agridence as the Board of Advisors. 

SGX Commodities has partnered with Agridence to enhance physical price granularity for rubber grades from different origins traded in the physical market, starting with SIR20 (rubber produced in Indonesia). The newly launched physical spread index might evolve as a reference for long-term contracts (LTCs) with benchmark SICOM pricing.

Agridence’s trading platform now provides real-time price visibility, ensuring accurate and transparent transactions across the trading channel. Transactions are carried out bilaterally, ensuring users’ confidential trade data is only visible to the transaction parties. To maintain market neutrality, SGX protects confidentiality and acts as a trusted custodian by exclusively owning trade data on the Agridence platform.

“We are happy to collaborate with SGX Commodities in rolling out this new SIR20 physical spread index, which we believe will benefit the rubber industry as a complementary pricing option. The creation of the index leverages the capabilities of Agridence and is based on actual physical transactions between consumers and producers done on our platform. We intend to work with SGX Commodities to make similar indexes for other rubber origins available to the market in due course,” said Ulrich Antoni, Head of Business Development and Partnerships.

 Agridence has launched a revamped version of its Rubber Trading app, featuring an updated interface and a suite of added functionalities, in response to the swiftly evolving technological landscape. This release coincides with a momentous achievement - trading one million metric tons of Natural Rubber (NR) on the Agridence platform. The celebratory event unfolded at SGX Centre, commemorating two pivotal milestones in the industry.

Comments (0)

ADD COMMENT

Link Copied!

Kraton Corporation, a leading global producer of speciality polymers and high-value bio-based chemicals derived from pine wood pulping co-products, a global price increase for all polymer products with effect from 1 April 2026. The price hike will range from USD 440 per MT to USD 700 per MT, or as individual contract terms permit, with the exact price change varying according to the polymer type and production location.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

Comments (0)

ADD COMMENT

Link Copied!

German specialty chemicals company LANXESS has announced a global price increase for its portfolio of functional additives for the manufacture of tyres and speciality rubbers. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by 15 to 50 percent.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing geopolitical conflict, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

Comments (0)

ADD COMMENT

Link Copied!

Orion S.A., a global speciality chemicals company, has announced a global price increase for its portfolio of speciality carbon black. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by up to 25 percent.

In a strategic move to address persistent market volatility, the company is also implementing a variable surcharge on top of the base price increase. The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

Comments (0)

ADD COMMENT

Link Copied!

German chemical group WACKER has announced a price hike across its global polymers portfolio, responding directly to significant upheavals in international commodity markets triggered by the recent military conflict in the Middle East. This geopolitical instability has created pronounced distortions throughout the supply chain, leading to a sharp escalation in the costs of essential inputs. The company is experiencing substantially higher prices for crude oil and natural gas as well as for various other raw materials and logistics services.

To address this challenging economic landscape and offset the considerable burden of increased raw material and transportation expenses, the chemical group is implementing price adjustments effective 1 April 2026. The updated pricing will apply to several key product categories, specifically including polymer dispersions, a variety of resins and dispersible polymer powders. This strategic move is essential for the company to maintain operational stability and continue delivering its products reliably amidst the volatile market conditions.

The final scale of these price increases is not a fixed, across-the-board figure but will be determined by specific variables. It will largely depend on the original source of the product, with goods manufactured at the company’s European and Asian production sites being most affected. Furthermore, the terms outlined in existing customer contracts will also play a crucial role in defining the exact extent of the adjustment, ensuring a tailored approach to the implementation of this necessary price correction.

Comments (0)

ADD COMMENT

Link Copied!