Texas (USA)- Styrene Butadiene Rubber (SBR) prices in the US market remained stable following a continuous incline through the end of June xxxx. Final SBR prices are determined by the balance between supply and demand, as well as production costs. Over the past week, prices of key SBR feedstocks, styrene and butadiene, exhibited volatility amid ongoing price competition and government initiatives to boost consumption in the world’s largest electric vehicle market. However, cautious purchasing behaviour for high-cost goods downstream has resulted in a stable performance in the SBR market. As of the week ending June xx, xxxx, SBR prices in the US market stood at USD x,xxx per MT, CFR USGC.
Car dealerships across North America continue to grapple with significant disruptions that began last week due to cyberattacks on a key software provider for the auto retail industry. CDK Global, a company supplying software to thousands...
