May xxxx, as the international market for Chlorosulphonated polyethylene (CSM) rubber starts to shift because of regional circumstances, increased feedstock prices and the increasing logistical challenges driving pricing trends for CSM rubber become increasingly diversified across Asia.
On the Chinese market, CSM was stable this week even as feedstock chlorine prices appreciated. Market participants reported muted demand and modest trading that kept the CSM price stable and hovering at USD xxxx/MT in the mid of May xxxx. The stability reflects a cautious buyer sentiment against a backdrop of wider economic uncertainty and unstable raw material prices.
Contrarily the Indian CSM market registered a moderate rising trend. Firming chlorine prices along with increasing demand from the industrial and construction sectors has prompted stronger pricing. Consequently, CSM prices in India settled higher at USD xxxx/MT. Market sources claim this increase is on...
