The price of Hydrogenated Nitrile Butadiene Rubber (HNBR) remained steady this month in the US market. This stability is largely due to active market participation, with many buyers engaging in bulk accumulation of HNBR inventories. This accumulation has helped maintain stability in prices as demand and supply remain relatively balanced. Across various sectors such as automotive, aerospace, and other industrial segments, there is a strong demand for HNBR, which is driving its consumption in regional markets.
In the US market, the price of HNBR remained steady this month, holding at xxxxx USD/MT FOB-Texas. However, there were notable price surges in the feedstock market, particularly in Acrylonitrile and Butadiene. Despite this, the downstream Automobile sector saw robust performance in March, with sales reaching xxxxxxx units, marking a xx.xx increase on a month-on-month basis and a x.xxx increase year-on-year. Although there was a slight decline in Manufacturing PMI figures,...
