Wuppertal (Germany)- SBR prices in Europe remained stable following slight fluctuations in the third week of April xxxx. These prices were notably impacted by extended shipping times, with ongoing disruptions in the Red Sea and further tightening of supply chains. As a result, manufacturing supplier delivery times decreased due to fewer shipping delays. Moreover, a significant reduction in input purchases by eurozone manufacturers helped ease pressure on logistics. By the week ending April xxth, SBR prices were recorded at USD xxxx per metric ton, FD Wuppertal in the German market.
Car sales in the European Union declined by x.xx compared to the previous year in March, marking the first decrease in xxxx and the largest since July xxxx. This downturn consequently impacted the demand and sales of SBR required for tires. The decline is attributed to early Easter holidays and a general SBR market downturn. Moreover, the...
