As per the recent assessment by ChemAnalyst, Nitrile Butadiene Rubber (NBR) prices have shown a varying price trend in the global market. The assessment shows that the price of NBR has declined in the US market in contrast with the trend observed in Germany under the influence of different market fundamentals acting accordingly.
In USA, the prices of NBR have declined in the week ending September xth. The construction and automotive sectors, major consumers of NBR, have continued to face challenges. Slowing demand from these industries has dampened NBR consumption. While butadiene and acrylonitrile prices have remained relatively stable in the United States, the decline in crude oil prices has provided some relief for NBR manufacturers.
Considering energy inputs, the price of a barrel of Brent crude futures dropped by USD x.xx, or x.xxx, to USD xx.xx, the lowest since December xxxx. West Texas Intermediate...
