December xxxx saw Hydrogenated Nitrile Butadiene Rubber (HNBR) prices slide across key markets, driven by falling feedstock costs and sluggish demand from vital sectors. With Butadiene and Acrylonitrile prices dropping, the market felt the ripple effect, particularly in the aerospace and other manufacturing sectors. As recovery in these sectors remains slow, the pressure on HNBR prices is set to continue, leaving market players bracing for further declines.
In the US market, the price of HNBR experienced a decline in December. This reduction in HNBR price is largely attributed to the lower costs of key feedstocks, particularly Butadiene and Acrylonitrile. Butadiene saw a x.xx decrease, while Acrylonitrile dropped by x.xxx. Despite moderate growth in manufacturing activities, the weak supplier actions coupled with HNBR&#xx;s price sensitivity to feedstock costs led to the price drop. HNBR&#xx;s performance in the market reflects these conditions, with reduced raw material availability...
