The Chinese market for Epichlorohydrin Rubber continued to showcase a significant downturn in September xxxx due to an influx of cheaper imports from Japan, a major exporter, despite a general recovery in the downstream automotive industry. This downtrend was influenced by intense competition among global market players which limited the scope for substantial price increases of Epichlorohydrin Rubber. While the automotive industry&#xx;s recovery and the upcoming National Day Holiday provided some potential support, their impact was offset by the prevailing market conditions due to a decline in shipping costs further exacerbated the downward pressure on Epichlorohydrin Rubber market.
September xxxx saw a fall in the Chinese market for Epichlorohydrin Rubber due to cheaper imports. The appreciation of the Chinese yuan against the US dollar made imported goods more competitively priced, further pressuring domestic producers. Moreover, aggressive promotional discounts offered by Japanese producers intensified market competition and drove...
