Neoprene Rubber prices in Japan fell by x.xxx in June xxxx, as suppliers lowered offers amid continued weak sentiment and sluggish demand at home and abroad. A sharp xx.xxx drop in Butadiene prices helped ease production costs, giving producers room to adjust Neoprene Rubber prices downward. On the domestic front, construction sector demand remained under pressure—housing starts in May plunged xx.xx YoY, largely due to a steep decline in built-for-sale units. Although non-residential construction orders from major firms rose xxx, it wasn’t enough to lift market confidence. Overseas demand was also soft, limiting export potential and pushing suppliers to stay competitive locally. With downstream consumption slow—especially in infrastructure-linked segments—distributors avoided large restocks, expecting prices to fall further. Buyers, meanwhile, took advantage of the softer offers, while suppliers treaded carefully, aware of already adequate inventory levels.
Suppliers remained well-stocked in June, with little urgency or...
