Hamburg (Germany): In the European market, the price of EPDM Rubber remained stable by the third week of April compared to the xst week. This steadiness in EPDM Rubber pricing is mainly due to reduced involvement from market participants. Additionally, the recent uptrend in Ethylene and Propylene prices in the feedstock market has counteracted any potential upward movement in EPDM Rubber prices. Suppliers&#xx; ongoing destocking efforts have also contributed to the lack of price increase in EPDM Rubber during this period.
In the German market, EPDM Rubber prices stabilized at xxxx USD/MT FOB-Hamburg (ENB x.x-x.x). In the downstream market, the automotive sector in Germany witnessed a rise in sales from the previous month but a year-on-year decline. Additionally, the German construction sector experienced a further sharp decrease in activity in March, with the rate of contraction even accelerating slightly. Building companies remained pessimistic about the year-ahead outlook...
