Key facts
- Rare-earth cis-butadiene rubber grade ND9106 was quoted at 22,500 yuan ($3,400) per tonne in China, per market data.
- Conventional BR9000 was quoted at 16,660 yuan per tonne in Shandong province over the same week, per market data.
- Manufacturers are seeking to expand use of the rare-earth rubber in electric vehicle and heavy-duty tires.
- The report gives no volumes, producers or buyers for the rare-earth rubber grade.
China's high-performance rare-earth rubber faces a commercial test as manufacturers seek to widen its use in electric vehicle and heavy-duty tires, with market data indicating it commands a higher price than conventional synthetic rubber.
Rare-earth cis-butadiene rubber grade ND9106 was quoted at 22,500 yuan ($3,400) per tonne in China in the week from October 26 to November 1, according to market data. Conventional BR9000 was quoted at 16,660 yuan per tonne in Shandong province over the same period.
The report does not name the producers, buyers or volumes involved, and gives no indication of how much of the material is made or sold.