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Chlorosulphonated Polyethylene Rubber prices in China continued to soften through the first half of May, with market sentiment still shaped by the ample supply, muted procurement, and cautious buying behavior that carried over from late April. Early-May trading remained subdued as both domestic compounders and overseas buyers limited purchases, while sellers faced persistent inventory pressure. The market tone stayed anticipatory, with participants watching for any shift in demand but largely navigating conditions defined by April’s lingering bearishness, particularly within the broader Chlorosulphonated Polyethylene Rubber value chain and the wider trading environment.
By mid-May, the FOB Qingdao assessment reached USD *,***/tonne, reflecting a ** decline from the end-April level of USD *,***/tonne. This modest softening aligned with expectations for a controlled correction following April’s sharper **.*** month-on-month drop. Export demand for Chlorosulphonated Polyethylene Rubber from Vietnam, India and Brazil remained weak as buyers continued to...
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