As of early December, EPDM Rubber prices in the global market have experienced a decline. This downward trend in the EPDM Rubber price is primarily attributed to excess inventories among suppliers, leading to increased competitive pricing. Suppliers have adjusted stock levels more aggressively, reflecting an oversupply situation.
As of early December, EPDM Rubber ENB (x-x) prices in Germany have dropped to x,xxx USD/MT CFR-Hamburg, driven by reduced import costs from key Asian suppliers. The decline in the EPDM Rubber price coincides with falling domestic feedstock prices, notably Ethylene and Propylene. Germany&#xx;s manufacturing sector continues to face challenges, including ongoing job cuts and a sustained drop in foreign orders since mid-xxxx. Although the new government&#xx;s proposed economic reforms offer a glimmer of hope, confidence remains low. The Ifo Business Climate Index fell to xx.x in November xxxx, down from xx.x in October, amid political uncertainties and concerns...
