Global EPDM rubber prices saw a discernible drop in Hx May xxxx. Lower manufacturing costs and less demand from important industries like the automotive and construction sectors caused prices to decline in important markets like the US and South Korea. Despite a steady supply and seamless operations, suppliers changed the price of EPDM rubber to reflect a weakened market attitude.
In Hx May xxxx, EPDM Rubber ENB (x.x-x.x) prices in South Korea slipped to around USD x,xxx per metric ton (FOB-Kwangyang), reflecting a cooling market shaped by lower production costs and subdued demand from key sectors. Producers of EPDM Rubber benefited from more affordable raw materials, enabling them to offer lower prices to domestic buyers.
The supply side of the market remained healthy. Operations at production facilities continued without major disruptions, and inventory levels were sufficient to meet demand....
