Halo Butyl Rubber prices declined in the North American region during May xxxx, primarily due to steady production and reduced cost pressure resulting from lower input prices. Meanwhile, supply rates remained moderate as exporters faced logistical challenges, including port congestion, rising freight costs, and seasonal stockpiling ahead of hurricane season, which strained cargo capacity. Demand dynamics remained mixed, caused by high tariffs and affordability issues. However, orders for Halo Butyl Rubber are expected to rise due to the growing interest in sustainable materials, such as Bridgestone’s launch of a xxx recycled tire incorporating ISCC PLUS-certified Halo Butyl Rubber.
The production rates of Halo Butyl Rubber were steady, attributed to the firm availability of feedstock Isobutylene supplies in the market. At the same time, cost support eased due to a decline in input cost and a decrease in upstream crude oil prices...
