In the global market the price of the EPDM Rubber witnessed a stability as of last week of July. This stability in the EPDM Rubber price is primarily linked to the balanced demand and the supply ratio in the market. The European downstream market continued to underperform nevertheless the Automobile sector continued to support the EPDM Rubber consumption. Based on the long-term trend the market has sufficient inventories availabilities with no major accumulation from the market participants in the current trend of destocking. These factors have simultaneously played a key role in influencing the EPDM Rubber market in the global market.
The US market for EPDM Rubber (ENB x.x-x.x) has maintained a stable price of xxxx USD/MT FOB-Texas, despite notable changes in the feedstock market. In July, Ethylene prices increased by xx.xx and Propylene by x.xx, driven by substantial build-up activities from market...
