China Polyacrylate Rubber Market Gains in August on Strong Automotive Demand

Key Highlights

• Polyacrylate rubber downstream domestic automotive production was up byxxx YoY, with sales growing xx.xx MoM in August xxxx. 
• Passenger vehicle retail sales were seasonally flat but grew xx due to incentives and trade-in programs.
• After policy adjustments geared toward sustainability, growth in NEV sales slowed; however, Polyacrylate rubber demand is still solid. 
• Polyacrylate rubber demand for exports from India remains strong, driven by festive-season bookings, as import volumes continue at sustained levels.

On the demand side, China’s Polyacrylate rubber (ACM) market was in good shape last August and the automotive sector, was again the driver. Production and sales numbers from Downstream automotive indicated double-digit year-on-year growth in August. Passenger vehicle retail sales were also up by xx, with consumer sentiment proving resilient, even as NEV numbers slowed. The automotive activity kept demand for Polyacrylate...