In the US market, the price of the EPDM Rubber witnessed a downward trend in first half of March. This downside in the EPDM Rubber price is majorly attributed to the ample of inventories in the regional market. Despite witnessing outperformance in the Automobile and the Construction sectors and positivity in the overseas market the price continued to fall due to the lack of supplier’s action in the major accumulation of the inventories. Due to prevailed downturn in the price action of EPDM Rubber, the suppliers have continued to destock inventories in effect with the market witnessing the continuation of the Short buildup activities. These factors have cumulatively contributed to influencing the price of the EPDM Rubber in the US market.
In the US market, EPDM Rubber prices saw a significant decrease, dropping to xxxx USD/MT FOB-Texas, marking a decline of x.xxx in the...
